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)