| Grazing fee formula: |
L x S x G x P+ A
(1+ LHT) |
= AUM Fee |
| |
AUM Fee x Unit Equivalent x M = AUM Charge
|
| Symbol explanation: |
| L - |
|
Proportion of average stockman's
investment assigned to land. |
| S - |
|
Landlord's fair share of land income. |
| G - |
|
Average pound gain in livestock weight
for permitted grazing season, cattle and
sheep to be separately computed. |
| P - |
|
Average past year's selling price of
livestock per pound from the reports of
the Agricultural Marketing Service of the
United States Department of Agriculture. |
| LHT - |
|
The leasehold tax as established by law
and administered by the state department
of revenue. |
| M - |
|
Number of months in permitted grazing
season. |
| A - |
|
Permittee's share of assessments on
permit range lands. |
| AUM Fee - |
|
Fee to be charged per animal unit month
of grazing. |