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18. Calculation of Pro Rata Share. The following terms used in this Agreement shall have <br /> the meanings given to them in this section. <br /> A. Market Value Ratio. The ratio which a single city's total Market Value bears to <br /> the Market Value of all four cities, expressed in percent to the nearest tenth of one <br /> percent. <br /> B. Population Ratio. The ratio which a single city's population bears to the <br /> population of all four cities, expressed in percent to the nearest tenth of one <br /> percent. <br /> C. Calls for Service Ratio. The ratio which a single city's calls for service bears to <br /> the calls for service of all four cities, expressed in percent to the nearest tenth of <br /> one percent. <br /> The Market Value Ratio, Population Ratio and Calls for Service Ratio of each city shall <br /> be converted to dollars by multiplying each ratio of each city (expressed in percent) times <br /> the Orono Police Budget final total and multiplying that product by the weight for each <br /> factor (expressed in percent) for the appropriate year as found in Paragraph 16D of this <br /> Agreement. The dollar amounts so derived for a Contract City for each of the three <br /> factors shall then be added and the sum thereof divided by three to determine the pro rata <br /> contract share for each city for the Contract Year. <br /> 19. Pro Rata Contract Payments. The pro rata share of the Contract Year costs calculated <br /> under this Agreement shall be paid in equal monthly installments by the last day of each <br /> month by the Contract Cities to Orono. Orono agrees to provide the Contract Cities with <br /> reasonably detailed information relating to the manner in which each city's pro rata share <br /> was calculated. Under the provisions of this contract, Orono agrees to make its records <br /> available to the Contract Cities for inspection for the purpose of determining the basis for <br /> the calculations by Orono under the provisions of this section. Orono will periodically <br /> provide budget update reports to the Contract Cities in such detail as the Cities may <br /> reasonably require, including, by line item, amounts originally budgeted and year-to-date <br /> expenditures for the Contract Year. <br /> 20. Annual Audit of Actual Costs. The Contract Cities understand and agree that it is <br /> impossible to project the actual costs of law enforcement services with complete <br /> accuracy. The Contract Cities agree that on or about April 1 of each year, Orono will <br /> tabulate the actual cost of providing law enforcement services for the prior Contract Year <br /> and will submit to the Contract Cities a summary of said costs. The actual costs <br /> calculated for the prior Contract Year may result in an increase or a decrease when <br /> compared with the budget approved for that Contract Year. A decrease in actual costs <br /> compared with budgeted costs will require Orono to credit each Contract City with its pro <br /> rata share of the decreased costs. An increase in actual costs compared with budgeted <br /> Page 7 <br />