The apportionment factor for a municipality whose area is coincident with the area of more than one county is calculated as follows:
- (1) For purposes of the population weight factor, the population of the municipality will be the total population within the municipal boundaries.
- (2) The nonexempt assessed real and personal property will be calculated as the sum of the assessed values within the municipal boundaries contained within each county in which the municipality is located.
- (3) The sales tax collection factor will be the sum of each of the partial sales tax collection factors calculated for each portion of the municipality contained within a different county. The partial sales tax allocation factor, for each portion of the municipality within a different county, will be calculated as the municipal population contained within that county divided by the total population of that county, multiplied by the county sales tax collections. The partial sales tax allocation factors are then divided by the total sales tax collected within all the eligible municipalities in the state. The partial tax collection factors, derived for each portion of the municipality contained within a different county, as summed to determine the sales tax collection factor of the municipality.
Rulemaking Authority 218.26(1) FS. Law Implemented 218.21, 218.245, 218.26 FS. History–New 3-8-82, Formerly 12-10.08, Amended 11-1-98, 1-11-16, 2-11-26.