The 2005 to 2006 update factor is calculated as the ratio of the 2006 ACS standard quality median rent to the 2005 ACS standard quality median rent for Vermont. Therefore the 2005 - 2006 update factor of 1.1039 is:
= 2006 ACS Standard Quality Public Housing Adjusted Median Rent / 2005 ACS Standard Quality Public Housing Adjusted Median Rent
= 1.1054
The difference between the actual 2005 - 2006 update factor of 1.1039 and the demonstration update factor of 1.1054 computed here is due to the effects of computational rounding and the use of the rounding performed on the public distributions as described above.
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