Maximum Special Tax Rate definition

Maximum Special Tax Rate means the maximum Special Tax authorized for levy in any Fiscal Year that may apply to Taxable Property as described in Section III.
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Maximum Special Tax Rate means the maximum rate of the Special Tax determined in accordance with Section C below, which may be levied for the privilege of Occupancy by Transients of the Campsite(s) or Hotel(s), as applicable, located on each Assessor’s Parcel of Campsite Property or Hotel Property.
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Maximum Special Tax Rate means the maximum Special Tax authorized for levy in any Fiscal Year that may apply to Taxable Property as described in Section III. “Non-Residential Property” means all property that is not used for people to live in, and does not include Public Property.
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Examples of Maximum Special Tax Rate in a sentence

  • As the legislative body of Improvement Area No. 1 of Community Facilities District No. 7 of the City of Moreno Valley, adopt Resolution No. 2017- , a Resolution of the City Council of the City of Moreno Valley, California, Approving the Calculation of Improvement Area No. 1 of Community Facilities District No. 7 of the City of Moreno Valley Maximum Special Tax Rate and Setting the Applied Tax Rate For Fiscal Year 2017/18.

  • Acting in its capacity the Board of Directors of the CSD and as the legislative body of Community Facilities District No. 1, adopt Resolution No. CSD 2017- , a Resolution of the Moreno Valley Community Services District of the City of Moreno Valley, California, Approving the Calculation of the Community Facilities District No. 1 Maximum Special Tax Rate and Setting the Applied Tax Rate for Fiscal Year 2017/18.

  • As the legislative body of Moreno Valley Community Facilities District No. 4 – Maintenance, adopt Resolution No. 2017- , a Resolution of the City Council of the City of Moreno Valley, California, Approving the Calculation of the Community Facilities District No. 4 - Maintenance of the City of Moreno Valley Maximum Special Tax Rate and Setting the Applied Tax Rate For Fiscal Year 2017/18.

  • The Maximum Special Tax Rate that may be levied on an Assessor’s Parcel shall be the sum of the Maximum Special Tax Rates that may be levied on all Land Use Classes located on that Assessor’s Parcel.

  • If the special taxes raised pursuant to the first three steps are less than the special tax requirement, then the special tax for Developed Property subject to the Base Maximum Special Tax shall be increased up to 100% of the Base Maximum Special Tax Rate.

  • On each July 1, commencing on July 1, 2025 and thereafter, the Maximum Special Tax Rate for such tax zone shall be increased by the percentage change in the November annualized Consumer Price Index for Los Angeles-Long Beach-Anaheim for all Urban Consumers.

  • The combined Maximum Special Tax Rates in connection with the Successor Areas with respect to each Assessor’s Parcel in former Tax Rate Area No. 1 is equal to the Maximum Special Tax Rate for former Tax Rate Area No. 1 and, together, the Successor Areas fund all services funded by the former Tax Rate Area No. 1.

  • As the legislative body of Community Facilities District No. 5, adopt Resolution No. 2017- , a Resolution of the City Council of the City of Moreno Valley, California, Approving the Calculation of the Community Facilities District No. 5 of the City of Moreno Valley Maximum Special Tax Rate and Setting the Applied Tax Rate for Fiscal Year 2017/18.

  • Table 5 – Special Tax Revenue at Maximum Special Tax Rate Source: David Taussig & Associates, Inc.

  • Developed PropertyThe Maximum Special Tax for the 2016-2017 Fiscal Year for each Parcel of Developed Property shall be equal to the product of the number of residential dwelling units, Building Square Footage, and Hotel Property guest rooms that may be built on such Parcel and the Maximum Special Tax Rate for each class of property shown in Table A below.


More Definitions of Maximum Special Tax Rate

Maximum Special Tax Rate means the applicable maximum special tax to be levied on Taxable Property in each Fiscal Year pursuant to Section 3 herein. The Annual Maximum Special Tax Rate applicable to a particular parcel classified as Developed Property is equal to the designated Initial Maximum Special Tax Rate, escalated at the rate of two-percent (2%) per year. The Annual Maximum Special Tax Rate applicable to a particular parcel classified as Undeveloped Property is equal to $9,350 per gross acre, adjusted on July 1 of each year
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Maximum Special Tax Rate means the maximum amount of Special Tax per unit or Parcel that can be levied in any Fiscal Year.
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Maximum Special Tax Rate means the amount determined pursuant to Section IV below, which will be used in calculating the Maximum Special Tax for a Parcel based on its land use classification. Each Fiscal Year following the Base Year, the Maximum Special Tax Rate shall be increased in accordance with the Annual Tax Escalation Factor and otherwise adjusted as provided in this Rate and Method of Apportionment.
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Related to Maximum Special Tax Rate

  • Maximum Special Tax means the maximum Special Tax, determined in accordance with Section C below, that can be levied in any Fiscal Year on any Assessor’s Parcel.

  • Annual Special Tax means the Special Tax actually levied in any Fiscal Year on any Assessor’s Parcel.

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • Effective tax rate means the rate that will produce last year’s total tax levy (adjusted) from this year’s total taxable values (adjusted). “Adjusted” means lost values are not included in the calculation of last year’s taxes and new values are not included in this year’s taxable values.

  • Backup Annual Special Tax means the Special Tax of that name described in Section E.

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • alternative maximum council tax reduction means the amount determined in accordance with paragraph 31 and Schedule 4;

  • Special Tax means the special tax to be levied in each Fiscal Year on each Assessor’s Parcel of Taxable Property to fund the Special Tax Requirement.

  • Maximum allowable cost list means a list of drugs for

  • Hurdle Rate means the minimum annual rate of return over the Net Asset Value at launch, or the beginning of the relevant Performance Period, as applicable, that must be achieved before an Equalisation Performance Fee is applied (details of which are set out in the section headed “Unit Class Information” in the Supplement for the relevant Fund where applicable). This rate is accrued at each Valuation Point.

  • Special Tax Requirement means that amount required in any Fiscal Year to: (i) pay debt service on all Outstanding Bonds; (ii) pay periodic costs on the Bonds, including but not limited to, credit enhancement and rebate payments on the Bonds; (iii) pay Administrative Expenses; (iv) pay any amounts required to establish or replenish any reserve funds for all Outstanding Bonds; (v) pay directly for the acquisition or construction of facilities authorized to be financed by IA No. 2 to the extent that inclusion of such amount does not increase the Special Tax levy on Undeveloped Property; and (vi) pay for reasonably anticipated Special Tax delinquencies based on the historical delinquency rate for IA No. 2 as determined by the CFD Administrator; less (vii) a credit for funds available to reduce the annual Special Tax levy, as determined by the CFD Administrator pursuant to the Indenture.