Formula Text Issue

Not sure what I'm doing wrong but the formula below isn't passing the numeric value I think it would.

To set the stage:
Variable [Channel43] = Broadband Back Office
Variable [Channel46] = Video Back Office

Formula:
If(ToText([IntakeID - Channel Summary])=ToText([Channel46]), "4",
If(ToText([IntakeID - Channel Summary])=ToText([Channel43]), "3",
If(ToText([IntakeID - Channel Summary])=List(";",[Channel43],[Channel46]), "2",
If(Contains(ToText([IntakeID - Channel Summary]),ToText([Channel43] )), "1",
If(Contains(ToText([IntakeID - Channel Summary]),ToText([Channel46] )), "1", "0")))))

Record in question - IntakeID - Channel Summary = Broadband Back Office;Video Back Office

I'm interpreting that, based on the formula, it should pass "2" but it's passing "1".  I've tried using "ToText" in front of the "List" and it still passes "1".   What in the holy heck am I doing wrong with the formula?

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Michael Sargent
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