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a. Eligibility <br /> In order to be eligible for a Public Assistance <br /> declaration, there are two thresholds which must be <br /> met under the Stafford Act; a state threshold and a <br /> county threshold. FEMA uses a formula based on the <br /> last official U.S. Census: population multiplied by <br /> $3.27 per capita for counties and $1.30 per capita for <br /> the state. This equates to $18,801,310 for the state, <br /> and $138,028 for Indian River County. These figures <br /> must be met before counties that meet their <br /> thresholds are eligible for Public Assistance. These <br /> figures are based on the 2010 Census data and are <br /> subject to change. <br /> b. Method of Funding <br /> Public Law 93-288, as amended, has streamlined the <br /> funding methods for Public Assistance projects. <br /> Currently, there are two types of grants (funding <br /> methods) available based on the cost of the project. <br /> The threshold amount for large and small projects is <br /> adjusted each October to reflect the changes in the <br /> Consumer Price Index for all Urban Consumers (CPI) <br /> published by the US Department of Labor. Each <br /> grant is explained below: <br /> (1) Large Project Grant <br /> A Large Project Grant is approved when the <br /> total project cost to repair of replace eligible <br /> public damage is $120,000 (FY 2014 - <br /> adjusted annually to reflect changes in the <br /> Consumer Price Index). The grants must be <br /> used to restore public or private nonprofit <br /> facilities to their pre-disaster condition. Funds <br /> are authorized based on the FEMA Project <br /> Worksheets and paid on a cost reimbursement <br /> basis. These projects are monitored and <br /> subject to a final inspection before the final <br /> payment is made. <br /> Indian River County Comprehensive Emergency Management Plan Annex III - Page 8 <br />