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PA�E 3 � ��i�� �L��'Y A�fI� ��F���1T ��1.[.:� �11.1I�iLY�I� <br />�Iwr�n fa� I� - Th� ����i� is f�nr�t�d �r� a�i-�ruru�l b�is b�girtr,ing an <br />��03 a�� �onclu�i� ia ��� 5. Yt �� �a�ip�t�� th$t �n� � �ev�7, � �c�errre�t <br />di�tricts �th�e "�is�i�(s�„� may �e cs�ated, �i wi�h � [� o� �6 �'�e�rs �itivn� <br />��c�ipt �#' th� f�rst �oc incrcrr�e�t, �f a I�iatri�t is �t� in �� �i� the ftrst �x <br />i��r�rrr�r�t i� raceiv�d iri ��6, it +�r�ul� �ermin�t� in ���1. T�e i��lus��n �f yPA*� <br />��� � �vugh ���� al�ow� ��r �i���t� ���1 an ��� thr�ugh ��$� <br />���tmu� �,� �ri� ��x �a�it� - 'Th� �rigin�i tax c�pa,city of � 'l�+in L�e,s <br />D�v�lr�m�n[ f'�ea is ���$,1�� �d is sh,�arn as an a�ina$l fi�a-�� <br />��.I,�� .F�at��.T�x Cag��it� - T1�� ��rn�t�d tsx ��a�it}�r al�o sh�+am <br />�rnYU��1yt �s ad� ta th� �r�gir�l t�c ��pa�cit� as ����n�nt �� ��rrq�teoc�, ��r <br />�xa�rr���. the e�tirr��� t�c �apa�it� in �i106 and ��!� l l�D6 �f �� l�' I�43 <br />r�pr�nta tt� a�d�d t�x cap��ity �f ����,��, r�su�tin� fra� n�w ��r,��t��n, t� <br />t�i� �ri��i�I ta� �:ap�,�it� �f ,��38�1 ��. '�1�e �s�im�t�d t�x �a�aucity i�c�as�s � a <br />m�irnt�m i�, ���� of � 1,�3�,���, ass�umi�� �,5°�o znf�at��, <br />���u F� " u� � - �r'i �1�0 � f�7 arid 1 �JiD 1fi0? #h� �i�1 <br />�scal di�parsti� cart�ibu�o� a� � 1��'��� r�p�e.�er,�a valu� tF�at i s��d���d fitiarrti <br />th,� I�is�i���_ � i� � r��ul� �#' t�� �i�al ���pari�� �1�� ��elc� t� f�c�11 <br />dia�arimr.s ��n��u�o�n �m ir�$i�� th� I�i�i�t�s� �r�us �ut�i�e the F�is� ic��s�. <br />�►s tl�� d�,r�1�g�,� is corr�l�t�d a�� t]� �rnated ta� �,pa�ity in�reas��, t� <br />fzscal �ispariti� �:oatri�u�o� a��� ir���s_ `i�� r�.sult �f �nal��� the fi�.a] <br />�ispari�i�s �:on4ib��oa fr�rn withir� tt�e I�i��i�t�s� �$ � r�d��tia� ir� e�ti.r�nated �c <br />�apa�ity whi�h �ire�d� tran�lat�s ir�t� a r��t►�cian �f taa ����r,t <br />�I"*�� �,�] C'ap '�? - 'i`l�,e c�ptur�d tax ��pacit� ts the �s�l� �f <br />s��$�t3n� the p�e�ria� ye�rr' � �rig� �,�t �ax ��it� �fi� ����1 �isp�ri�es <br />r�du�ti�n fi-�n the g�i�us y��r's as�rnat,�d t�or r�cit�_ F�r e�]�, the <br />�2rp��ed �x ��p��i�+ iri 6�� L�� �nd I� I�� o� $ I, L�,� I� i� thc res�lx �f <br />�� F��� F��� ��S& $�3 �, ��� 1�S $ l 9'�,��. <br />��. ��� �irx�d � l�,�n� - ti�� �er�i ��ai $�i��� �f t�x in�s�at � <br />cal�ula#�d �� moulti�l�rir�� �#u� c�t�d �ax c�r�a�ci�y b� the lo�ai taa€ r� $nd <br />divi�n� �} �.. It accurrru]a� t� a t��] �f ���,�13,� l� in ����_ <br />� �f 3.� <br />