Paragraph 3

The formula for ascertaining the amount to be paid by Richmond to each of the other housing authorities is —

$$\genfrac{}{}{0ex}{}{\mathrm{AS}}{\mathrm{T}}+\mathrm{BY}$$

where—

• A is an amount equal to the appropriate revenue sum for the year in question;

• B is an amount equal to the appropriate capital sum for that year;

• S equals the population of the area of the housing authority in question;

• T Equals the population of the area of all the housing authorities; and

• Y is the appropriate percentage:

Provided that —