a. Given below are the revenues of government for the second half of year 2018

	Dividend	Gift Tax	Import Duty	PAYE	Company Tax	Loans	Fees & Charges	Total Revenue
	GHS'000	GHS'000	GHS'000	GHS'000	GHS'000	GHS'000	GHS'000	GHS'000
July	5,000	500	10,000	12,500	95,000	100,000	3,000	226,000
August	2,200	-	12,000	12,600	65,000	-	7,000	99,100
September	3,600	-	6,000	11,400	65,000	20,000	6,000	112,000
October	2,200	1,500	5,500	10,800	78,000	320,000	5,000	423,000
November	2,200	500	12,500	16,000	69,000	-	6,800	107,000
December	12,500	100	15,600	19,000	110,000	140,000	4,600	301,800
	28,000	2,600	61,600	82,300	482,000	580,000	32,400	1,268,900

The Controller and Accountant General is mandated to transfer as least 5%) of the total revenue to the District Assembly Common Fund on quarterly basis for onward distribution to all the Metropolitan, Municipal and District assemblies (MMDAs)

The District Assembly Common Fund Administrator upon the receipt of the transfers from the Controller and Accountant General, disburses 90% of the fund to the MMDAs based on a formula approved as a follows:

Factor	Weight (%)
Needs	40
Responsiveness	10
Service pressure	20
Equalization	30
	100

Assuming that there are thirty assemblies in Ghana, three of them are; Accra Metropolitan Assembly (AMA), Kumasi Metropolitan Assembly (KMA) and Tamale Metropolitan Assembly (TMA). Below is the factor analysis result of the all assemblies in the country

Factor	AMA	KMA	TMA	Others	Total
Needs	2	3	5	20	30
Responsiveness	3	4	3	30	40
Service pressure	5	3	2	20	30
Equalization	1	1	1	27	30

Required:

1. Compute the amount to be transferred to the District Assembly Common Fund for the fourth quarter of 2018 in accordance with the provisions of the District Assembly Common Fund Act 1993 (Act 455), using the current rate of 5.0%
2. Prepare a statement of distribution of the District Assembly Common Fund to the three assemblies (AMA, KMA and TMA) for the fourth quarter based on the approved sharing formula.
3. Outline the main functions of the District Assembly Common Fund Administrator in accordance with the District Assembly Common Fund 1993, (455)
4. To what extent can it be that the DACF has helped to improve the finances, and for that matter, the development efforts of the MMDAs.