Nebraska Advantage Rural Development Act Form - Worksheet I

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Nebraska Advantage Rural Development Act
Worksheet I
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Name
Higher of
Increase in FTE
Base Year FTE*
Current Tax Year FTE
Next Tax Year FTE
Column b or c**
(d - a)
Employment
a
b
c
d
e
1 Total hours paid at project (including non-residents
and all pay levels) divided by 40 times the number
of weeks in the tax year.
2 Hours paid to employee hired after the base
year and making the required wage divided
n/a
n/a
by 40 times the number of weeks in the tax year.
* Adjust base year hours for transfers to the project
from another location within the state and for the
Enter the lesser of 1.e or 2.d
acquisition of a business which existed in NE.
** The project must have attained minimum levels of
BOTH investment and employment for the year to
Estimated employment benefits: Multiply by $3,000
be eligible for this comparison.

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