Captured value means 1 or more of the following:
Captured value means the amount in any one year by which the current taxable value of the district, including the value of property for which specific local taxes are paid in lieu of property taxes (tax abatement / IFT roll), exceeds the initial value. “Initial value” means the taxable value of all the property within the boundaries of the district at the time the ordinance establishing the tax increment financing plan is approved, as shown by the most recent assessment roll of the municipality at the time the ordinance is adopted. Property for which an industrial facilities tax (IFT) exemption certificate or a commercial housing facilities exemption certificate is in effect shall not be considered to be property which is exempt from taxation. Tax dollars accruing from any incremental increase in taxable value above the initial value (base year total) may then be used by the DDA. Data presented in Table 3 reveals the anticipated capture on the taxable value for the City of Fremont’s DDA District through the Year 2026, and provides a disbursement cycle. The base year taxable value for the Development District is $31,553,325.
Captured value means the amount in any one year by which the current taxable value of the district, exceeds the initial value for real property and personal property.
Examples of Captured value in a sentence
Delay-Based: Set event delay times in proportion to priority levels.
Captured value is defined in the Act, as the amount, in any one year, by which the current taxable value of the development area exceeds the initial taxable value.
Source: SP Urbanismo, 2013 Br. Reaal (R$)Captured value in millions (R$)40003500300025002000150010005000Agua EspraiadaFaria LimaAgua BrancaPorto MaravilhaFigure 8.2: Captured value UOs on 01/01/2013.
Captured value of SO2 may be attributed to congested traffic, garbage burning at nearby Highways and residential areas.