Base year revenue means the state sales tax revenue
Base year revenue means sixteen billion one hundred ninety-five million eight hundred thousand dollars.
Base year revenue means the amount of revenue generated by a transient room tax and collected by a county for fiscal year 2018-19.
Examples of Base year revenue in a sentence
Notwithstanding state law and notwithstanding County ordinance, the parties have negotiated an alternative arrangement pertaining to revenue share payments, as follows: The parties agree that the Base Year Revenue Share Payment due in the initial year of the Project shall increase annually by 1.75% per year (each, a “Supplemental Payment”), and not by 10% on each fifth anniversary of the first payment date.
More Definitions of Base year revenue
Base year revenue is the total Revenue of the Company or applicable profit centers in the fiscal year immediately preceding the Performance Period. “Total Incremental Revenue” is the cumulative Revenue of the Company or applicable profit centers during the Performance Period, minus two times the Base Year Revenue. For example, assume a profit center has Base Year Revenue of $500 million and a targeted Revenue Growth of 4%. At the targeted 4% CAGR, the $500 million in Base Year Revenue would grow to $520 million in the first year, and the $520 million would grow to $541 million in the second year. Therefore, to achieve the 4% Revenue Growth Target, the profit center must produce Total Incremental Revenue of $61 million [$520 + $541 – (2 X $500)].
Base year revenue means the revenue collected by the local authorities as specified in section 5 of the Act ;
Base year revenue means the state sales tax revenue collected by the state from taxable transactions occurring within the Regional Tourism Zone during the twelve- month period beginning on December 1, 2012 and ending on November 30, 2013, as required by C.R.S. § 24-46-303(1).
Base year revenue is the total Revenue of the Company or applicable profit centers in the fiscal year immediately preceding the Performance Period. “Total Incremental Revenue” is the cumulative Revenue of the Company or applicable profit centers during the Performance Period, minus two times the Base Year Revenue. For example, assume a profit center has Base Year Revenue of $500 million and a targeted Revenue Growth of 4%. At the targeted 4% CAGR, the $500 million in Base Year Revenue would grow to $520 million in the first year, and the $520 million would grow to $541 million in the second year. Therefore, to achieve the 4% Revenue Growth Target, the profit center must produce Total Incremental Revenue of $61 million [$520 + $541 – (2 X $500)]. EBITDA Margin for the Company or applicable profit centers is their cumulative Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) over the Performance Period divided by the total Revenue over the Performance Period. EBITDA results will be adjusted to eliminate gain or loss from non-cash impairments. The calculations for Revenue Growth and EBITDA Margin will include results from businesses acquired during the Performance Period. Revenue Growth and EBITDA Margin will exclude results for any businesses divested during the Performance Period, and the divested businesses’ Revenue will also be deducted from Base Year Revenue. EBITDA Margin will be adjusted for all items of gain, loss or expense that are (i) extraordinary, (ii) unusual in nature, (iii) infrequent in occurrence, (iv) related to the disposal of a segment of a business, or (v) related to a change in accounting principle, as determined in accordance with standards established under Generally Accepted Accounting Principles.
Base year revenue is the total revenue of the Company or applicable profit centers in the fiscal year immediately preceding the Performance Period.
Base year revenue means, as of any specified date, the highest Annual Revenues achieved by the Company in any fiscal year completed on or after December 31, 2007 and prior to such specified date.
Base year revenue is the total revenue of the Company or applicable Business Units in the fiscal year immediately preceding the Performance Period. The threshold Revenue Growth targets are based upon the “Forecast GDP Growth” for the Company or applicable Business Units as determined by the weighted average GDP growth forecast for [2017-2018] calculated from data published in the International Monetary Fund’s January [2017] World Economic Outlook Update and weighted according to the Company’s or applicable Business Units’ revenue originating from the United States, Euro Area, China, Canada and Mexico. The Revenue Growth payout increments above this threshold are set at 1.0% intervals, up to the maximum 250% payout.