Tax Levy Sample Clauses

Tax Levy. If authorized by law, the WMO may levy a tax. The proceeds of any tax levied under this paragraph shall be expended only for the purposes authorized by law. The WMO may accumulate the proceeds of levies as an alternative to issuing bonds to finance improvements.
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Tax Levy. Prior to a Seller accepting an offer, the Seller or the Broker must obtain an estimated property tax levy which will show the new owner the assessment and property taxes on the property in accordance with § 47-13-4 of the New Mexico Statutes.
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Tax Levy. The amount of City or County property taxes due for the then current fiscal year as determined by the Tax Collector. That number is generally determined as the product of the City and County’s tax rates multiplied by the total assessed value of all property listed in the City or County respectively.
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Tax Levy. Est Tax Rate* As The difference noted in the last line is the difference between the totals in Table 3 and Table 4. 2023 $20,000,000 $20,000,000 $62,096 $194,000 $256,096 $124,978 2024 $96,000,000 $30,000,000 $298,061 $291,000 $589,061 $119,9 2025 $86,435,000 $30,000,000 $268,363 $291,000 $559,363 $ 2026 $76,870,000 $30,000,000 $238,666 $291,000 $529,666 2027 $67,305,000 $30,000,000 $208,969 $291,000 $499,9 2028 $57,740,000 $30,000,000 $179,271 $291,000 $ 2029 $48,175,000 $30,000,000 $149,574 $291,000 2030 $38,610,000 $30,000,000 $119,876 $291 2031 $29,045,000 $29,045,000 $90,179 2032 $19,480,000 $19,480,000 $60,482 2033 $19,465,000 $19,465,000 $60,4 2034 $19,450,000 $19,450,000 2035 $19,435,000 $19,435,000 2036 $19,420,000 $19,420,000 2037 $19,405,000 $19,405,000 2038 $19,390,000 $19,39 Source: CPA, Xxxxxxx Energy, LLC *Tax Rate per $100 Valuation Disclaimer: This examination is based on information from the application submitted to the school district and forwarded to the comptroller. It is intended to meet the statutory requirement of Chapter 313 of the Tax Code and is not intended for any other purpose.
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Tax Levy. During each year of the Lease Term, Lessee shall compute and ascertain, as a part of Lessee’s maintenance tax, a rate and amount of ad valorem tax which will be sufficient to raise and produce the money required
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Tax Levy. The Authority may levy a tax for public transportation purposes as provided for and within the time limits and rates established by Act 196 within its jurisdictional boundary subject to the tax limitations of which are provided by general law within the meaning of section 6 of article IX of the Michigan Constitution of 1963. No tax may be levied except upon the approval of a majority of the registered electors residing within the jurisdictional boundary of the Authority affected and qualified to vote and voting on the tax at a general or special election called in accordance with Act 196.
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Tax Levy. The County shall levy an annual ad valorem tax on all property within Area I of the Fire Service Area equal to 24.0 xxxxx per annum, and anticipates collecting $70,000.00 in Area II (Mitsubishi Polyester Film, LLC) pursuant to current fee collections continuing for the term of this Agreement, unless a different millage is approved by the County. Additionally, the County shall levy additional ad valorem tax millage levy sufficient to cover approved general obligation debt millage for the Fire Service Area. At the time this agreement is entered, the City represents to the County that a millage levy 24.0 xxxxx for Area I and anticipated fee collection of $70,000.00 in Area II will meet the estimated annual revenue needed, based on the FY 2013 -2014 budget year, for fire services related to (i) allocation of miscellaneous department-wide capital costs, (ii) personnel salaries and benefits, and (iii) miscellaneous operating expenses for the provision of services by the City pursuant to this Agreement. The County enters this Agreement in reliance on that representation. Notwithstanding debt service millage estimates set forth herein, the County shall be able to adjust the amount levied for general obligation debt based on actual debt service requirements for the setting initial debt service required upon issuance and on an annual basis for regular debt service. It is the understanding of the parties that the fee arrangement for Area II was previously negotiated between all parties concurrent with the previous contract. Upon notice of an actual change in ownership or abandonment of the industrial property that comprises Area II, the County shall suspend enforcement of the terms of this agreement as it relates to the assessment of the fees upon the property in Area II. Any suspension shall continue for such periods, within the term of this agreement, where the property is unoccupied or until the new owners have reached a fee understanding with the City. Any other proposed modification to the amount of the fees for Area II can only be accomplished by an amendment to the County ordinance establishing the maximum fee to be assessed for Area II. These special fee rates for Area II are based on the company continuing to provide self-protection fire services at no less than the present level of protection. During the term of this Agreement, the County shall provide to the City such annual revenue as is generated by the ad valorem property tax millage levied pursuant to ...
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Tax Levy. During each year of the Contract Term, the City shall compute and ascertain, as a part of the City’s maintenance tax, a rate and amount of ad valorem tax which will be sufficient to raise and produce the money required (i) to pay the interest component of each Payment as such interest comes due and (ii) to pay the principal component of each Payment as such principal becomes due. Such tax shall be based on the latest approved tax rolls of the City, with full allowance being made for tax delinquencies and the cost of tax collection. Such rate and amount of ad valorem tax is hereby levied out of the maintenance tax of the City and ordered to be levied against all taxable property within the boundaries of the City for each year of the Contract Term; and such tax shall be assessed and collected during each such year. Such ad valorem taxes sufficient to provide for the payment of the Payments, as they become due, are hereby pledged irrevocably from the maintenance tax of the City for such payment, within the limits prescribed by law.
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Related to Tax Levy

  • Tax Liability The Authorized Participant shall be responsible for the payment of any transfer tax, sales or use tax, stamp tax, recording tax, value added tax and any other similar tax or government charge applicable to the creation or redemption of any Basket made pursuant to this Agreement, regardless of whether or not such tax or charge is imposed directly on the Authorized Participant. To the extent the Trustee, the Sponsor or the Trust is required by law to pay any such tax or charge, the Authorized Participant agrees to promptly indemnify such party for any such payment, together with any applicable penalties, additions to tax or interest thereon.

  • Tax Unless specified otherwise in the Proclamation of sale, if the sale of this property is subjected to Tax, such Tax will be payable and borne by the Purchaser.

  • Tax Liabilities The Investor understands that it is liable for its own tax liabilities.

  • Taxes and Tax Returns (a) Each of the Company and its Subsidiaries has duly and timely filed all Tax Returns required to have been filed by it on or prior to the date hereof (all such Tax Returns being accurate and complete in all material respects) and has duly paid or made provisions for the payment of all Taxes which have been incurred or are due or claimed to be due from it by any taxing authority on or prior to the date of this Agreement other than (i) Taxes which are not yet delinquent or are being contested in good faith and have not been finally determined and are listed in Section 4.15(a) of the Disclosure Schedule, or (ii) Tax Returns or Taxes as to which the failure to file, pay or make provision for will not, individually or in the aggregate, have a Material Adverse Effect on the Company and its Subsidiaries. There is no outstanding audit examination, deficiency assessment, Tax investigation or refund litigation with respect to Taxes of the Company or any of its Subsidiaries, and no claim has been made by any authority in a jurisdiction where the Company or any of its Subsidiaries does not file Tax Returns that the Company or any of its Subsidiaries is subject to taxation in such jurisdiction. Neither the Company nor any of its Subsidiaries has executed an extension or waiver of any statute of limitations on the assessment or collection of any Tax that is currently in effect. Each of the Company and its Subsidiaries has withheld and timely paid all Taxes required to have been withheld in connection with amounts paid or owing to any employee, independent contractor, creditor, stockholder or other third party. Each of the Company and its Subsidiaries has timely complied with all applicable information reporting requirements under Part III, Subchapter A of Chapter 61 of the Code, and similar applicable state and local information reporting requirements, except to the extent that a failure to so comply will not, individually or in the aggregate, have a Material Adverse Effect on the Company and its Subsidiaries.

  • Tax Delinquency Contractor must provide notice to the JBE immediately if Contractor has reason to believe it may be placed on either (i) the California Franchise Tax Board’s list of 500 largest state income tax delinquencies, or (ii) the California Board of Equalization’s list of 500 largest delinquent sales and use tax accounts. The JBE may terminate this Agreement immediately “for cause” pursuant to Section 7.2 below if (i) Contractor fails to provide the notice required above, or (ii) Contractor is included on either list mentioned above.

  • REAL PROPERTY GAINS TAX a) Pursuant to the provision of the Real Property Gains Tax Act, 1976 (hereinafter referred to as “the said Act”) and for the purpose of this sale, the Purchaser shall deduct a sum of equivalent to 3% of the Purchase Price and shall pay the said 3% of the Purchase Price to the Director General of Inland Revenue Malaysia within sixty (60) days from the date of disposal of the Property.

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