Captured Appraised Value definition

Captured Appraised Value in a given year means the total appraised value of all real property taxable by the Hospital District and located in the Zone for that year less the Tax Increment Base.
Captured Appraised Value means the total appraised value of property in the Zone as of January 1 of any year less the Tax Increment Base of the Zone, all as defined in the TIRZ Act.
Captured Appraised Value means the total appraised value of all real property taxable by the Taxing Units and located in the Zone for the year less the Tax Increment Base of the Taxing Units.

Examples of Captured Appraised Value in a sentence

  • The estimated Captured Appraised Value of the Zone during each year of its existence is set forth in the Feasibility Study and is verified by the Appraisal District.

  • The amount of the City Tax Increment for a year is the amount of property taxes levied and collected by the City for that year on the captured appraised value of the Property which is the total taxable value of all real property taxable by the City in the Zone (the "Captured Appraised Value"), less the Tax Increment Base (hereinafter defined) of the Property.

  • TOTAL 2019 VALUE (Certified Approved less Captured Appraised Value in TIF 44,434,472,323TOTAL VALUE OF PROPERTIES UNDER PROTEST OR NOT INCLUDED ON THE CERTIFIED APPRAISAL ROLLA.

  • Total appraised value in TRZ − Tax increment base = Captured Appraised Value.

  • HISD has agreed to pay a tax increment based on $0.96 per $100 of Captured Appraised Value for the Original Zone only.


More Definitions of Captured Appraised Value

Captured Appraised Value has the meaning ascribed by Chapter 311, Texas Tax Code.
Captured Appraised Value means the new taxable value generated beyond the Tax Increment Base on a parcel-by-parcel basis for each year during the term of the Zone, as calculated and confirmed annually by the Appraisal District.
Captured Appraised Value means the total appraised value of all real property taxable by the City and located in the Zone as of January 1 of any year less the Tax Increment Base of the Zone.
Captured Appraised Value means the total taxable value of all real property taxable by the City located in the Zone for each year less the Tax Increment Base.
Captured Appraised Value means the total taxable value of the District located within the boundary of the TIRZ for a given year less the total taxable value of the District located within the boundary of the TIRZ for the year in which the TIRZ was created.
Captured Appraised Value means, with respect to each Taxing Unit in each year, the
Captured Appraised Value means the captured appraised value of the ZONE, as defined by Section 311.012(b), Texas Tax Code (and as said Code may be amended from time to time); e.g., the total appraised value in a given year of all real property taxable by a participating taxing entity and located in the ZONE for that year less the total appraised value of that property in 2014, the Base Year of the ZONE.