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Home > Revenue Sharing > Monthly Distributions > Calculate Revenue Sharing

Calculate Revenue Sharing

Source of Funds: 5.0% of the State Government's monthly sales, corporate and personal income tax revenues are set aside to fund the municipal revenue sharing pool.

Source Information: Three statistics for each municipality are needed to calculate the distribution percentage:

  1. State Valuation (provided by the State Tax Assessor);
  2. Tax Assessment (provided by the Property Tax Division of Maine Revenue Services) and
  3. Estimated or Actual Population (provided by the DHHS Office of Vital Records).

Revenue Sharing I - Timing and Calculation: Municipal Revenue Sharing is distributed by the 20th of each month to each municipality based on the Revenue Sharing I (REV-I) formula, (see 30-A M.R.S.A. s. 5681). The REV-I calculations work as follows:

  1. (population x assessment)/state valuation = computed number
  2. computed number/sum of all computed numbers = proportional share of REV-I distributions

REV-II Distributions: Beginning in FY10, approximately 15% of funds set aside in the Local Government Fund for distribution to municipalities will be distributed under the REV-II formula. The REV-II calculation works as follows:

  1. assessment/state valuation = mil. rate
  2. (mil. rate - 0.01) x population = computed number
  3. computed number/sum of all computed numbers = proportional share of REV-II distributions

**For purposes of the program, the unorganized territory, plantations, the Passamaquoddy Tribe, and the Penobscot Nation are treated as if they were municipalities.