Sec. 446.23. Formula for dispersion of State aid

The amount of State aid to be allocated to counties, cities, towns or villages, pursuant to this Part, shall be determined by the percentage proportion which the authorized expenditure of each individual county, city, town or village, not exceeding $100,000 for each county, including municipalities therein, shall bear to the total authorized expenditures of all the counties, cities, towns or villages for enforcement of the Navigation Law during such enforcement year. Such percentage proportion shall then be applied against an amount equal to one half of the amount received by the commissioner in fees received for registration of motor boats during such enforcement year. The amount thus determined shall constitute the maximum amount of State aid to which each county, city, town or village shall be entitled; provided, however, no county, city, town or village shall receive State aid in an amount in excess of one half of its authorized expenditures as approved by the commissioner for such enforcement year ($50,000 maximum) per county, including municipalities therein.