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<br />
<br />, I Sample Calculation
<br />It is helpful in understanding how the complicJted
<br />f'omlulas work to see tlle calculation with figures
<br />
<br />inserted. Using Communities X. Y. and Z to illustrate.
<br />the following examples show what happens when valua-
<br />tion differs and when the population differs.
<br />
<br />e..
<br />
<br />e
<br />
<br />Community
<br />
<br />X (low popuhtion, high valuation)
<br />Y (low popubtion, low valuation)
<br />Z (high popul<ltion, low valuation)
<br />
<br />'.
<br />
<br />Community X
<br />
<br />Distribution
<br />Index
<br />
<br />.
<br />
<br />Areawide
<br />Tax Base
<br />
<br />Community Y
<br />
<br />Distnbution
<br />Inde:x
<br />
<br />Areawide:
<br />Tax Base
<br />
<br />Community Z
<br />
<br />Distribution
<br />Inde:x
<br />
<br />. Areawide:
<br />Tax Base
<br />
<br />Population
<br />
<br />20.000
<br />20,000
<br />40,000
<br />
<br />Valulltion
<br />
<br />;..
<br />
<br />$200,000
<br />20,000
<br />20,000
<br />
<br />Areawide Tax Base: = SJ .000,000
<br />Areawide Population = J 00,000
<br />Total valuation of all communitie:s = S 100,000,000
<br />
<br />= 20,000 X
<br />
<br />$t.OlJ,COO,OOO 7 100,000 .
<br />X 2 =.4,000,000
<br />$200,000 7 20,000
<br />
<br />4.000,000
<br />= Sl.000.00f) X = 510,000
<br />400.000,000
<br />
<br />(is the share of the:
<br />areawide tax base:
<br />for communhy X)
<br />
<br />= 20,000 X
<br />
<br />S100.000,OOO 7 100,000
<br />X 2 = 40,000,000
<br />$20,000 7 20.000
<br />
<br />40,000,000
<br />= S 1.000.000 X
<br />400,000,000
<br />
<br />(is the share of the
<br />= S100,OOO areawide tax base
<br />for community Y)
<br />
<br />= 40,000 X
<br />
<br />SJOO,OOO,OOO 7 100.000 X 2 = 160,000,000
<br />$20,000 -:- 40,000
<br />
<br />.~
<br />.' .......~ c..
<br />
<br />160,000.000
<br />= $1.000,000 X = S400.000
<br />400,000,000
<br />
<br />(is the share of the
<br />areawide: tax base:
<br />for community Z)
<br />
<br />:
<br />
<br />Prep..Tcdby }"f~ry E. Brooks
<br />February 1972
<br />
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