ALLOCATION SUM

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Definitions

1. calculated by subtracting from gross income any bounced checks or refunds, book moneys, and "reimbursement" type receipts (payments for phone calls, postage, etc., by students or crew). Allocation percentages are then calculated from this figure. ' (FO 1980)

2. that figure from which percentageallocations are derived. The allocation sum is gross income after adjustments have been made (per FO 1681) for bounced checks, refunds, advance payments received, advance payments used, and book monies. Also called "net income" or "corrected gross income." (FO 1828)

3. the allocation sum for AOs (also called "corrected gross income" or "net income") is defined as: gross income less advance payments received, plus advance payments used. There are also adjustments for refunds or returned checks on services used, and a deduction for book income. The final result is the allocation sum, from which the allocation percentages are then derived. (FO 1681)

4. the gross income less the congress, books and tapes sum. (HASI PL 19 Apr 57 Proportionate Pay Plan)