§140.563. Capital Costs

The Department reimburses for capital costs on a group basis related to location and base year.  Effective for the rate year beginning July 1, 1984, a base year is defined as follows:

 

a)         For facilities built or purchased prior to January 1, 1978, the later of year of construction or year of purchase;

 

b)         For facilities built January 1, 1978, or later, the year of construction;

 

c)         For facilities purchased on or after January 1, 1978, the base year established under (a) above will not change.

 

(Source:  Amended at 9 Ill. Reg. 2697, effective February 22, 1985)