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valuationa froa thia pool ar• to b� r�diatribut�d to tazinq <br />juziadictiona accordinq to ap�cific crit�ria. Althouqh it ia <br />difficult to doterain� the futur• ispact of the Fi�cal Disparity <br />Lar oa th• City, th� laM had th� �ff�ct of r�ducinq tssabl• <br />valuation ss folloMs: <br />Taz Caoacitv <br />x�al Satat� <br />P�rson�l Pzop�rtp <br />�roa wid. Pool <br />1991 <br />$46,317,908 <br />882.95i <br />817.200.865 <br />1991 <br />990 <br />$45,014�899 <br />980,571 <br />$45,795,470 <br />1990 <br />Coatribut�d to pool $( 6,552,4oi) $( 8,371,541) <br />Distributod f=os pool 3,666.228 3,440.053 <br />N�t (loss) 8( 4.886,193) 8( 4,931.�88) <br />Nat taz capacitp 36.810.492 36,43�,�51 <br />Rosovill�'s 1991 taz capacity rat� xould hav been 13.3� laes <br />rithout fiscai disparities. <br />Lavgr Limitations <br />Tlfe ltinassota L�vy Li�itations Lar raa impl�m�nt�d in 1972 and <br />rsatricts prop�rty taz incrsas�s sach y�ar. Since anactment, <br />various amand��nts to th� lar hav• pasa�d, but th• basic <br />prinaipl�s atill apply. Th• City is op�ratinq rithin ths <br />authorised l�vy limitationa as shoxn in the followinq tabla. <br />Total Lovy <br />L�ss ap�cial l�vi�s <br />Boad indabtadnaaa <br />SubjeCt to l.vy <br />limitations <br />Lavy liaitatioa <br />Local Government l�id <br />Payabl• in 1991 <br />$6�6�6�176 <br />1.48�.412 <br />8�.761.i64 <br />8�.761.764 <br />Pavable in 1990 <br />$6�306�793 <br />1.673.496 <br />54,633,297 <br />54,633,297 <br />Tb• folloMinq suamary ahovs actual local qovarnmant aid as a <br />p�rcantaqe of budqetad qan�ral fuad ravenuea and how tha yearly <br />amounta vazy du� to chanq�s in ttt� foraulaa diatributinq the <br />aids. <br />10 <br />