Tax capacity definition

Tax capacity means total taxable market value, but does not include captured market value.
Tax capacity means total taxable market value, but does not include captured market value. Sec. 2. Minnesota Statutes 2010, section 373.40, subdivision 2, is amended to read:
Tax capacity means the equalized assessed value of all taxable real estate located within a township or county divided by the total population of that township or county.

Examples of Tax capacity in a sentence

  • Tax capacity rates vary by certain categories of property; for example, the tax capacity rates for residential homesteads are currently less than the tax capacity rates for commercial and industrial property.

  • Tax capacity rates are expressed as a percent of the adjusted net tax capacity.

  • Property Tax Capacity of School Districts Tax capacity measures the amount of revenue that can be produced by each school district at a constant rate of taxation.

  • The Canadian Journal of Higher EducationVolume XXXV, No. 3, 2005 44 D.W. Lang Tax capacity is essentially about wealth.

  • All documents furnished or caused to be furnished to JRP by ADM are true and correct copies, and there are no amendments or modifications thereto except as set forth in such documents.

  • Tax capacity is the ability of citizens of the district to pay for education [31,31].

  • Tax capacity is in the first instance about private wealth, that is, wealth that can be taxed.

  • Tax capacity also depends on the volume of international trade, which measures the degree of openness.

  • Funding for SWHHS is provided by state and federal grants and appropriations from member counties based on population based on three criteria, which are weighted equally: - Population based on the most recent national census- Tax capacity- Most recent three‐year average social services expenditure and grant reconciliation report (SEAGR) Pipestone County’s contribution in 2018 for the human services function was $1,270,780, and its contribution to the health services function was $117,551.

  • Tax capacity could reflect resources allocated to the postal service in terms of the quality of inputs that we do not pick up with our input, technology, or management variables (see for example Besley and Persson 2009, 2010).


More Definitions of Tax capacity

Tax capacity means the total assessed fair market value attributable to a parcel of real property times the Class Rate(s) applicable to such property in any given year for taxes payable, without regard to any allocation of tax capacity for fiscal disparities purposes pursuant to Chapter 473F of Minnesota Statutes.
Tax capacity means the equalized assessed value of all

Related to Tax capacity

  • New Capacity means a new Generator, a substantial addition to the capacity of an existing Generator, or the reactivation of all or a portion of a Generator that has been out of service for five years or more that commences commercial service after the effective date of this definition. For purposes of Section 23.4.5 of this Attachment H, “Offer Floor” for a Mitigated Capacity Zone Installed Capacity Supplier that is not a Special Case Resource shall mean the lesser of (i) a numerical value equal to 75% of the Mitigation Net CONE translated into a seasonally adjusted monthly UCAP value (“Mitigation Net CONE Offer Floor”), or (ii) the numerical value that is the first year value of the Unit Net CONE determined as specified in Section 23.4.5.7, translated into a seasonally adjusted monthly UCAP value using an appropriate class outage rate, (“Unit Net CONE Offer Floor”). The Offer Floor for a Mitigated Capacity Zone Installed Capacity Supplier that is a Special Case Resource shall mean a numerical value determined as specified in Section 23.4.5.7.5. The Offer Floor for Additional CRIS MW shall mean a numerical value determined as specified in Section 23.4.5.7.6. For the purposes of Section 23.4.5 of this Attachment H, “Non-Qualifying Entry Sponsors” shall mean a Transmission Owner, Public Power Entity, or any other entity with a Transmission District in the NYCA, or an agency or instrumentality of New York State or a political subdivision thereof.

  • Idle capacity means the unused capacity of partially used facilities. It is the difference between: (a) that which a facility could achieve under 100 percent operating time on a one-shift basis less operating interruptions resulting from time lost for repairs, setups, unsatisfactory materials, and other normal delays; and (b) the extent to which the facility was actually used to meet demands during the accounting period. A multi-shift basis should be used if it can be shown that this amount of usage would normally be expected for the type of facility involved.

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Excess capacity means volume or capacity in a duct, conduit, or support structure other than a utility pole or anchor which can be used, pursuant to the orders and regulations of the Commission, for a pole attachment.

  • System Capacity means the operational capacity of the System at any applicable point in time.

  • Nominal Capacity means the volume indicated by the manufacturer that represents the maximum recommended filling level.

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • Bid Capacity meanss capacity offered by the bidder in his Bid under invitation.

  • Technical Capacity means the maximum firm capacity that the transmission system operator can offer to the network users, taking account of system integrity and the operational requirements of the transmission network;

  • Unforced Capacity shall have the meaning specified in the Reliability Assurance Agreement.

  • indemnified capacity means any and all past, present and future service by an indemnified representative in one or more capacities as a director, officer, employee or agent of the corporation, or, at the request of the corporation, as a director, officer, employee, agent, fiduciary or trustee of another corporation, partnership, joint venture, trust, employee benefit plan or other entity or enterprise;

  • Rated Capacity means the Average Daily Flow for which the Works are approved to handle;

  • Licensed capacity means the number of children the Department has determined the day care home can care for at any one time in addition to any children living in the home who are under the age of 12 years. Children age 12 and over on the premises are not considered in determining licensed capacity.

  • Storage Capacity means any combination of space, injectability and deliverability.

  • Interruptible Capacity means capacity that may be interrupted by the Operator at any time in order to fulfil shippers’ nominations under a firm capacity reservation.

  • Contracted Capacity means the capacity (in MW AC) contracted with MSEDCL for supply by the successful bidder at the Delivery Point from the Solar Power Project.

  • Reserved Capacity means the maximum amount of capacity and energy that the Transmission Provider agrees to transmit for the Transmission Customer over the Transmission Provider’s Transmission System between the Point(s) of Receipt and the Point(s) of Delivery under Tariff, Part II. Reserved Capacity shall be expressed in terms of whole megawatts on a sixty (60) minute interval (commencing on the clock hour) basis.

  • Design capacity means the volume of a containment feature at a discharging facility that accommodates all permitted flows and meets all Aquifer Protection Permit conditions, including allowances for appropriate peaking and safety factors to ensure sustained, reliable operation.

  • Local Capacity Area has the meaning set forth in the CAISO Tariff.

  • Nameplate Capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.

  • Maximum Capacity or ‘Pmax’ means the maximum continuous active power which a power-generating module can produce, less any demand associated solely with facilitating the operation of that power-generating module and not fed into the network as specified in the connection agreement or as agreed between the relevant system operator and the power-generating facility owner;

  • Installed Capacity or 'IC’ means the summation of the name plate capacities of all the units of the generating station or the capacity of the generating station (reckoned at the generator terminals), approved by the Commission from time to time;

  • Available Capacity means the capacity from the Project, expressed in whole megawatts, that is available to generate Product. [For As-Available Product facilities only]

  • Committed Capacity means that portion of the Capacity that is required to meet the Capacity Entitlements of Access Holders;

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.

  • Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreement.