Present Value of Taxes means for any Assessor's Parcel the present value of (i) the unpaid portion, if any, of the Special Tax applicable to such Assessor's Parcel in the current Fiscal Year and (ii) the Annual Special Taxes expected to be levied on such Assessor's Parcel in each remaining Fiscal Year, as determined by the Board, until the termination date specified in Section J. The discount rate used for this calculation shall be equal to the (i) Bond Yield after Bond issuance or (ii) most recently published Bond Index prior to Bond issuance.

Present Value of Taxes means the present value of Special Tax applicable to such Assessor's Parcel in the current Fiscal Year not yet received by the School District for IA A of CFD No. 2007-1, plus the expected Annual Special Tax applicable to such Assessor's Parcel in each remaining Fiscal Year until the termination date specified in Section J, but not to exceed thirty-three (33) Fiscal Years, using as the discount rate (i) the Bond Yield after Bond issuance or (ii) the most recently published Bond Index prior to Bond issuance.

Present Value of Taxes means for any Assessor's Parcel the present value of (i) the unpaid portion, if any, of the Special Tax applicable to such Assessor's Parcel in the current Fiscal Year and

Examples of Present Value of Taxes in a sentence

Special Tax Prepayment Calculation The Prepayment Amount shall be calculated according to the following formula: P = PVT – RFC + PAF The terms above have the following meanings: P = Prepayment Amount PVT = Present Value of Taxes RFC = Reserve Fund CreditPAF = Prepayment Administrative Fees 3.
Reporting Improper or Unlawful Conduct – No Retaliation Employees may report reasonable concerns about Dunes City’s compliance with any law, regulation or policy, using one of the methods identified in this policy.
The amount representing the Present Value of Taxes attributable to the prepayment less the Reserve Fund Credit attributable to the prepayment shall, prior to the issuance of Bonds, be deposited into a separate account held with the School District and disbursed in accordance with the Mitigation Agreement and after the issuance of Bonds be deposited into the applicable account or fund established under the trust agreement, indenture or fiscal agent agreement and used to pay debt service or redeem Bonds.

More Definitions of Present Value of Taxes

Present Value of Taxes means the present value of any Annual Special Tax applicable to such Assessor's Parcel in the current Fiscal Year not yet received by the School District for CFD No. 2013-1, plus the expected Annual Special Tax applicable to such Assessor's Parcel in each remaining Fiscal Year until the termination date specified in Section G, using as the discount rate the Yield On The Bonds.

Present Value of Taxes means for any Assessor's Parcel the present value of (i) the unpaid portion, if any, of the Annual Special Tax applicable to such Assessor's Parcel in the current Fiscal Year and (ii) the Special Taxes expected to be levied on such Assessor's Parcel in each remaining Fiscal Year, as determined by the Administrator, until the termination date specified in Section J, but in no event exceeding 35 Fiscal Years, including the Fiscal Year in which Special Taxes have previously been levied. The discount rate used for this calculation shall be equal to

Present Value of Taxes means the actual amount of any Special Tax applicable to an Assessor’s Parcel in the current Fiscal Year not yet paid for Improvement Area No. 1 of CFD No. 2023-1, plus the present value of the Annual Special Tax applicable to such Assessor’s Parcel in each remaining Fiscal Year until the termination occurs as specified in Section 9, using as the

Present Value means the amount as of a date certain of one or more sums payable in the future, discounted to the date certain. The discount is determined by the interest rate specified by the parties if the rate was not manifestly unreasonable at the time the transaction was entered into; otherwise, the discount is determined by a commercially reasonable rate that takes into account the facts and circumstances of each case at the time the transaction was entered into.
Fair Market Value means, as of any date, the value of Common Stock determined as follows:
Effective State average tax rate means the average of effective county tax rates for all counties.
Market Value as defined in the regulation prescribing the standards for real estate appraisals used in federally related transactions, 12