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203 <br /> DISTRIBUTION ALTERNATIVES <br /> Alternate 1. Per Capita Basis <br /> The amount distributed by and to the taxing county and to municipalities therein <br /> shall be upon a per capita basis according to the total population of the taxing <br /> county, plus the total population of the municipalities therein; provided, how- <br /> ever, that "total population" of a municipality lying within more than one county <br /> shall be only that part of its population which lies within the taxing county. <br /> For this purpose, the County Finance Director shall determine a per capita figure <br /> by dividing the net proceeds of the tax collected under this Article for the <br /> preceding quarter within a taxing county by the total population of that taxing <br /> county plus the total population of all municipalities therein according to the <br /> most recent annual estimates of population as certified by the State Budget <br /> Officer. The per capita figure thus derived shall be multiplied by the population <br /> of the taxing county and each respective municipality therein according to the most <br /> recent annual estimates of population as certified by the State Budget Officer, <br /> and each respective product shall be the amount to be distributed to each taxing <br /> county and to each municipality therein. <br /> Alternate 2. Ad Valorem Basis <br /> The net proceeds of the tax collected in the taxing county shall be divided <br /> between the county and the municipalities therein in proportion_ to the total amount <br /> of ad valorem taxes levied by each on property having a tax situs in the taxing <br /> county during the fiscal year next preceding such distribution. For purposes <br /> of this section, the amount of the ad valorem taxes levied by the county or <br /> municipality shall include any ad valorem taxes levied by the county or municipality <br /> in behalf of a taxing district or districts and collected by the county or <br /> municipality. In computing the amount of tax proceeds to be distributed to any <br /> county or municipality, the amount of any ad valorem taxes levied but not <br /> substantially collected shall be ignored. <br /> Alternate 3. Point of Origin Basis and Taxing Effort <br /> The net proceeds of the tax collected in the taxing county shall be divided between <br /> the county and the municipalities therein according to the location of the property <br /> conveyed and in proportion to the total amount of ad valorem tax base <br /> within eac4r-•munieipalj_ty -and :the percentage of taxes levied by the taxing authorities. <br /> For this purpose the County Finance Director shall add the tax rates applied to <br /> determine the ratio of taxing effort existing between the respective municipality <br /> and the county. The percentage thus derived shall be applied to the transfer <br /> taxes collected to determine the amount to be distributed to each municipality <br /> and to the taxing county. <br />