Increment definition

Increment means twelve (12) months of service credit which are purchased. The

Increment means that part of the assessed value of a taxing district attributable to any increase in the assessed value of the property located in an urban renewal area, or portion thereof, over the assessed value specified in the certified statement.

Increment means twelve (12) months of service credit which are purchased. The twelve (12) months need not be consecutive. The final increment may be less than twelve (12) months;

Examples of Increment in a sentence

• The City and the Agency agree that Net Available Increment may be used only in accordance with this Agreement, the DDA, including the Financing Plan, and the CCRL.

• The Parties recognize Net Available Increment pledged to pay the Shipyard Indebtedness and the BVHP Indebtedness is allocated among Major Phases under the Financing Plan.

• As further provided in the Financing Plan, the lack of sufficient tax increment proceeds to finance all of the Qualified Project Costs and Qualified Pre-Agreement Costs of the Project will not relieve Developer of its obligations under the DDA to complete the Infrastructure, so long as Net Available Increment is pledged and allocated consistent with this Agreement and the Financing Plan.

• A “Non-Material Change” means any change that does not increase or decrease the pledge of tax increment that is the subject of this Agreement or otherwise materially increase the City’s liabilities or obligations or materially decrease the availability of Net Available Increment for the Project.

• This committee works with local municipalities on issues regarding Tax Increment Financing and makes TIF related recommendations to the Board of Education.

More Definitions of Increment

Increment means for all Employees an increase in salary from one Paypoint to the next highest Paypoint.

Increment or “pay increment” is a salary increase from one salary step to the next higher step in the range of rates for any one of the classification levels in the Schedule of Pay (« augmentation » ou « augmentation de traitement »);

Increment means the amount per annum provided as a rate of increase in the applicable salary payable to any eligible employee which, unless the context of the relevant approved pay range otherwise clearly indicates, may be granted annually on the applicable anniversary dates;

Increment means the amount per annum provided as a rate of increase in the applicable salary payable to any eligible employee, which unless the context of the relevant approved pay range otherwise clearly indicates, may be granted annually on the applicable anniversary dates.

Increment means an annual salary increase prescribed by a previous award.

Increment means the difference between one (1) step of an employee’s assigned pay range and the immediate next greater step of the same pay range.

Increment means the specific level of remuneration payable to employees above the minimum rate within a Classification Level.