1/ Estimates of costs under existing programs assume that,
beginning with 1973, 75% of Employment Service costs
will be financed out of FUTA revenues; therefore the
estimates exclude amounts to be financed from general
revenues.

1/These items are needed under existing legislation but are specifically authorized in H.R. 12625.

Reserve Ratio as Multiple of Highest 12-Month Benefit Cost Rate (Percent of
Total Wages-Since January 1, 1958), December 31, 1968.

1/Hev tax base became effective on date shown in parentheses.

2/ Estimates of average rates based on taxable vages prepared by State employment

security agencies; estimates based on total vagas prepared by Unemployment

Insurance Service.

3/ Betimate revised by State agency in early 1969.