The share of LGUs in the national taxes is allocated in the following manner: The distribution of the shares of individual provinces, cities, and municipalities is based on the following formula prescribed in Section 285 of the LGC: The share of each barangay is computed as follows: PhP80,000 for each barangay with a population of not less than one hundred (100) inhabitants The balance is allocated as follows: Population - 60% and Equal Sharing -40%.