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> Municipal Revenue Sharing
Municipal Revenue SharingPer Title 30-A, Subpart 9, Chapter 223, Subchapter 2, Section 5681, revenue sharing is distributed by the 20th of each month to each municipality based on a formula whose variables include municipal populations, state valuations and tax assessments. The monthly revenue sharing pool is funded by setting aside 5.1% of the State Government's sales, service provider, personal and corporate income tax receipts for the month. 2% of that pool is further set aside for the Fund for the Efficient Delivery of Local and Regional Services. For a detailed description of how the funds are calculated and distributed, please see the Calculate Revenue Sharing. History of Annual Municipal Revenue Sharing. This file requires either Microsoft Excel or the free Excel Viewer. |
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