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each on property having a tax situs in the county during the <br /> fiscal year next preceding such distribution. For purposes <br /> of this section, the amount of the ad valorem taxes levied <br /> by the county shall include any ad valorem taxes levied by <br /> the county in behalf of a taxing district or districts and <br /> collected by the county. In computing the amount of tax <br /> proceeds to be distributed to any county or municipality, <br /> the amount of any ad valorem taxes levied but not <br /> substantially collected shall be ignored. <br /> (f) Point of Origin and Taxing Effort method defined. <br /> The net proceeds of the tax collected in the county shall be <br /> divided between the county and the municipalities therein <br /> according to the location of the property conveyed and in <br /> proportion to the total amount of ad valorem tax base within <br /> the county and within each municipality and the percentage <br /> of taxes levied by the taxing authorities. For this purpose <br /> the County Finance Director shall add the tax rates applied <br /> to determine the ratio of taxing effort existing between the <br /> respective municipality and the county. The percentage thus <br /> derived shall be applied to the transfer taxes collected to <br /> determine the amount to be distributed to each municipality <br /> and to the county. <br /> (f) Point-of-Origin method defined. <br /> The net proceeds of the tax collected in the county shall be <br /> divided between the county and the municipalities therein <br /> according to the location of the property conveyed without <br /> 2 <br />