Base Year Taxable Value definition

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 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 of the Property as of January 1, of 2015.

Examples of Base Year Taxable Value in a sentence

  • 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 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 for the Property as of January 1 of the year in which this Agreement goes into effect.
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 (2016).
Base Year Taxable Value means the Taxable Value as of January 1, 2017 for ad valorem and personal property taxes levied and collected by the parties for the Development Area.
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.
Base Year Taxable Value means the taxable market value of a qualified residence in the base year