Incremental taxable value definition

Incremental taxable value means the amount, if any, by which the actual taxable value at any
Incremental taxable value means the amount, if any, by which the actual taxable value at any time exceeds the base taxable value of all property within an urban renewal area, industrial district, technology district, or aerospace transportation and technology district subject to taxation.
Incremental taxable value means the Taxable Value for the Property as of January 1st of a given year less the Base Year Taxable Value.

Examples of Incremental taxable value in a sentence

  • Incremental taxable value" means the amount, if any, by which the actual taxable value at any time exceeds the base taxable value of all taxable property within an urban renewal area, industrial district, technology district, or aerospace transportation and technology district subject to taxation or targeted economic development district.


More Definitions of Incremental taxable value

Incremental taxable value means the amount, if any, by which the actual taxable value at any time exceeds the base taxable value of all taxable property within an urban renewal area or targeted economic development district.
Incremental taxable value means the amount, if any, by which the actual taxable value at any time exceeds the base taxable value of all property within a tax increment financing industrial district.
Incremental taxable value means the amount, if any, by which the Actual Taxable Value, as of the date of reference, exceeds the Base Taxable Value.

Related to Incremental taxable value

  • Taxable value shall have the meaning assigned to such term in Section 1.04(10) of the TEXAS TAX CODE.