Increment revenue definition

Increment revenue means the amount calculated pursuant to s. 163.387(1).
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Increment revenue means the amount calculated pursuant to sub- section (5).
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Increment revenue means the amount calcu- lated pursuant to subsection (5).
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Examples of Increment revenue in a sentence

  • Calculation of total potential Additional Tax Revenues to both areas would amount to a total of $2.6M, well under what it could collect to pay for the Additional Tax Increment revenue approved projects funded by the Series 2005 Bonds.

  • The Developer shall use its best efforts to commence and complete construction in the most expeditious manner that will allow for the maximum development of the Project Site, and consequentially the maximization of potential Tax Increment revenue.

  • The Developer agrees and understands that the payment of the Series 2014 Note that provide the funds for the Project Costs Reimbursement Obligation is directly dependent upon the Developer’s success with respect to the Project in a manner that will generate sufficient Tax Increment revenue to pay the Series 2014 Note.

  • Therefore, the $204,831 of total Tax Increment revenue received by the Agency will be used towards the purposes identified in the Project Area Plan and Project Area Budget and certain Tax Increment cap amounts as set forth therein.

  • Sport Venture works to remove barriers by providing all the equipment needed, as well as transportation and even a mealif needed.

  • Ex-CRA Property Tax Increment revenue was $32.1 million over the budget and $44.0 million more than the prior year.The Budget assumed 4.5 percent growth for Business Tax receipts, and actual receipts were 5.6 percent or $36.5 million higher than last year, and 0.9 percent or $5.8 million over the Budget.

  • The municipality must return the excess increments to the overlying taxing jurisdictions in proportion to the amounts that belong to each taxing jurisdiction.• Increment revenue did not cover the project costs and the TID account has a deficit.

  • Mr. Kellan reported that Iosco County Treasurer’s office typically distributes Tax Increment revenue payments by April 1st of the subsequent year.

  • Stats.).Final Accounting Report must show either:• Increment revenue paid all project costs and the TID account has a surplus.

  • The City has heretofore paid or reimbursed the Developer the Original Reimbursement Amount in full with (i) Tax Increment revenue on hand in the amount of $1,050,000 and (ii) proceeds of the City’s Tax Increment Urban Renewal Revenue and Refunding Bonds (West Bank Urban Renewal District), Series 2020 (the “Series 2020 Bonds”) in the amount of $1,592,614.


More Definitions of Increment revenue

Increment revenue means the amount calculated
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Increment revenue means the amount calculated annually pursuant to Section 163.387(1), Florida Statutes, and received by the City for any parcel of taxable property within Southern Grove.
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Increment revenue means the amount calculated pursuant to Section 163.387(1), Florida Statutes.
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Increment revenue means the amount calculated pursuant to Section 21.
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Increment revenue means the amount calculated pursuant to subsection (5).
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Related to Increment revenue

  • Tax increment revenues means the amount of ad valorem property taxes and specific local taxes attributable to the application of the levy of all taxing jurisdictions upon the captured assessed value of real and personal property in the zone. Tax increment revenues do not include any of the following:

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

  • Tax Increment means the difference between:

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Incremental Amount has the meaning specified in Section 2.14(a).

  • Incremental Auction Revenue Rights means the additional Auction Revenue Rights, not previously feasible, created by the addition of Incremental Rights-Eligible Required Transmission Enhancements, Merchant Transmission Facilities, or of one or more Customer- Funded Upgrades.

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • New M&O Revenue means the total State and local Maintenance and Operations Revenue that District actually received for such school year.

  • Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.

  • Tax Increment District or "district" means that area to which the tax increment finance plan pertains.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Incremental Cap has the meaning assigned to such term in Section 2.21(a).

  • Available Incremental Amount has the meaning specified in Section 2.14(4)(c).

  • Property tax increment means the amount obtained by:

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate amount of all Incremental Term Commitments established prior to such time pursuant to Section 2.24 and (ii) the aggregate increase in Revolving Commitments established prior to such time pursuant to Section 2.25.