Base Year Taxable Value means the actual value of the property as determined in section 403.19, subsection 1, multiplied by the percentage of adjustment certified for the assessment year specified in section 403.19, subsection 1, by the director of revenue on or before November 1 pursuant to section 441.21, subsection 9.

Base Year Taxable Value means the Taxable Value for the Property for the year in which this Agreement is executed.

Base Year Taxable Value means the Taxable Value of the Property as of January 1, of 2015.

Examples of Base Year Taxable Value in a sentence

Tax Increment is defined as the additional ad valorem tax generated by the increase in value of taxable real and personal property within the Project Area over and above the ad valorem taxes generated within the Project Area on the Base Year Taxable Value “(Tax Increment”).
The School District’s share of Tax Increment are the taxes generated by the School District’s tax levy on the increased property value above the Base Year Taxable Value within the Project Area (“Tax Increment Share”).
Griffith reported the budget calculations for the Carrabelle Redevelopment Trust as follows: 2022 Current Year Taxable Value in the Tax Increment Area $26,586,530 1996 (Base Year) Taxable Value in the Tax Increment Area $7,426,025 Current Year Tax Increment Value $19,163,505 Est.
The foregoing percentage of Taxable Value of the Premises subject to abatement for each year this Agreement is in effect will apply only to the portion of the Taxable Value of the Premises that exceeds the Base Year Taxable Value.
The actual percentage of Taxable Value of the Improvements subject to abatement for each year this Agreement is in effect will apply only to the portion of the Taxable Value of the Improvements that exceeds the Base Year Taxable Value.

More Definitions of Base Year Taxable Value

Base Year Taxable Value means the Taxable Value for the Land for the year in which the Tax Abatement Agreement is executed.

Base Year Taxable Value means the actual value of

Base Year Taxable Value means the total appraised value of the Improvements as certified by the Appraisal District for year in which the Tax Abatement Agreement is executed (2023).

Base Year Taxable Value under this Agreement means the taxable value of any Personal Property on the Land on January 1, 2021.

Base Year Taxable Value means the taxable value for the Property for the year in which this Agreement is executed. The Parties agree that this value is Thirty Two Thousand Two Hundred Fifty Dollars ($32,250.00).

Base Year Taxable Value means the actual value of the property as determined in section 403.19, subsection 1, following application of the assessment limitations pursuant to section 441.21, subsection 9.

Base Year Taxable Value means the Taxable Value of the Business Personal Property of the Company for the year in which this Agreement is fully executed.