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SAN MATEO 0 PERATIONAL AREA JPARMSION <br /> 7.1.A. - Page 52 all the total amount of the annual budget he shall be <br /> deducted estimated revenue from federal "matching funds", <br /> state grants, and other service revenues, <br /> 2. The balance of the annual budget remaining after <br /> anticipated revenues have been deducted shall be paid as • <br /> follows: <br /> a. The county shall pay 50k of the remaining balance. • <br /> b The cities shall pay the remaining 5O of the <br /> remaining balance, apportioned in accordance with • <br /> the following formula: <br /> (1) one half of said 50% O be apportioned by <br /> people units or population. <br /> (a) total nnpulation of all member cities <br /> one-half of the total of the <br /> ctis' shaz o . 7,he budget equa1 s. a <br /> factor in cents <br /> (b) pcPulation of each member city times tie <br /> fac=or in cents equals the share for each <br /> city <br /> (2) The remaining one-half cf said 50% to be <br /> • amortioned on the hasis of assessed valuation <br /> as follows; <br /> (a) total assessed value of real and personal <br /> • - oronez in all member cities divided <br /> into one-half of the total of the cities' <br /> share of the budget equals d favtor in <br /> 3 APR 12 IL 9 SAW MATEO ARE OES <br />