Pursuant to C.R.S. 39-29-110(1)(c)(IV) and 34-63-102(5.4)(IV), the Executive Director may accept a memorandum of understanding (MOU) submitted by a county and all municipalities contained therein, which establishes an alternative distribution within the county than would otherwise be determined with the default subcounty factor weights. An MOU must be submitted to the Executive Director for consideration by June 30 th each year. An MOU submitted to the Executive Director for consideration must meet the following requirements:
a. Alternative weights of the existing factors
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~ Or ~
b. Percentage breakdown of the county pool per entity
4. A description for the rationale for the methodology used to determine the alternative distribution.