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"Exhibit A" <br /> <br /> County Gas Tax Sharing Formula <br /> <br />This FORMULA is: <br /> <br />1. ALLOCATION BASE <br /> <br /> 1.a. Determine the sum of Section 2107 Gasoline Tax Allocation to all <br /> Cities in Alameda County (~_.city 2107 allocation) <br /> <br /> 1.b. Calculate the current equivalent to v_he historic 5/8 cent local <br /> gasoline tax using the following formula: =!~--' <br /> <br /> ~city 2107 X ,6~5 - 5/8 cent equivalent <br /> allocations 3.905, <br /> <br /> Where <br /> <br /> /~ city 2107 equals the sum of the allocations for a given <br /> allocations fiscal year as determined in 1.a. above. <br /> <br /> .625 equals the decimal equivalent of the historic <br /> 5/8 cent tax subvention rate. <br /> <br /> 3.905 equals the current section 2107 subvention <br /> rate. <br /> <br /> 1.c. Determine the County Section 2104(d) Gasoline Tax subvention <br /> <br /> 1.d. Calculate the current equivalent to the former one cent County gas tax <br /> using the following formula: <br /> <br /> Section 2104(d) X 1 - County one cent equivalent <br /> Allocation (.75) (3.835) <br /> <br /> Where <br /> 1 equals the former 1 cent County gas tax rate <br /> .75 equals the current Section 2104(d) apportiorunent factor <br /> 3.835 equals ~he current gasoline tax rate <br /> <br /> 1.e. Calculate the "Apportionment Base", which equals the sum of the Cizy <br /> 5/8 cent equivalent as determined in 1.b., and the County one cent <br /> equivalent as determined in 1.d. <br /> <br /> <br />