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look ,<. n - MEMO How to Do a COCS Study Personal property tax is another category to income from a state lottery may be distributed in investigate carefully . In Massachusetts , it is a tax many ways . If your state has a lottery , find out if on equipment associated with real estate . However , income goes to specific programs or a general fund . in Illinois , it is a separate type of tax levied on Allocate it to specific programs by determining the cars , boats and other types of property . When you nature of the program . It is likely most of these know what the tax is for , you will be able to would be for residential services . However , transfer values based on application . For example , general funds may be dispersed according to a corporate revenue would be considered commercial . formula . If so , distribute them accordingly . As. Receipts from manufacturing , utilities , mentioned earlier , income from licensing fees , fines telecommunications and pipelines would be and permits should be distributed by use as much as industrial . Income from rental homes would be possible . residential . And -so on . Property taxes from use- assessed lands should When All Else Fails be transferred to farm , forest and open land . So Occasionally , even after extensive record should revenues from grain and feed elevators , searches and interviews , it is still not clear how to barns , silos , greenhouses and related farm allocate specific revenues or expenditures . Then properties , including seasonal housing for farm you can use what we call fall-back percentages . employees . Apartments and vacation homes may These are based on the portion of property tax be listed as commercial , but would be residential in revenue raised by each land use and reflect the a COCS because of the services they demand . distribution of collected tax receipts . If 71 percent of total property tax revenue came from the Allocate Other Revenues residential sector , then the residential fall-back After allocating property values , you ' ll need to would be 71 percent . Likewise , if taxes on farm , apportion all other types of revenues . These will forest and open land represent 4 percent of the include state aid , local receipts and free cash . Use total , then the fall -back used to attribute unclear the same type of analysis you did for property revenues and expenditures would be 4 percent . values to identify which land use category should Only apply fall -back percentages when concrete claim the revenues . For example , state aid for information is totally unavailable from record schools is residential income . Some kinds of searches or interviews . Using them too much will revenues are more questionable . For instance , dilute your findings . 14