Property tax increment means the amount obtained by:
Property tax increment means, for each Fiscal Year subsequent to the creation of the Property Tax Increment Area, all Property Tax Revenues in excess of Property Tax Revenues produced by the levy of Property Tax on the Property Tax Base Amount and paid to the Authority by the City; provided that such amount shall be reduced by any lawful collection fee charged by the City.
Property tax increment means the municipal Property Tax Increase as a result of developing or redeveloping a property.
Examples of Property tax increment in a sentence
Property tax increment revenues and earnings on investments are the main sources of receipts, some of which is transferred to the Downtown Debt Service Fund for bonded debt retirement.
Property tax increment revenues and earnings on investments are the main sources of receipts, some of which is transferred to the Empire Debt Service Fund for bonded debt retirement.
Sypris shall have an allowed administrative expense claim for all Parts sold and/or delivered to Xxxx following the Petition Date, in accordance with section 503(b) of the Bankruptcy Code.
Property tax increment is deposited in a special tax allocation fund for this TIF.
Property tax increment revenue in North College was first received in 2007 and the 2012 property taxes payable in 2013 are expected to be $1.3 million.
More Definitions of Property tax increment
Property tax increment means the net amount paid over to the City by the Knox County Treasurer as the City’s share of the increment provided for under Section 8 of the Act and attributable to Property Tax Increment generated by a Project on a Redevelopment Site, unless said site is tax- exempt.
Property tax increment means the amount of property taxes paid to Fremont County for the Property and then remitted to the Authority by the Fremont County Treasurer pursuant to the Act over and above the amount of such taxes collected each year from the base assessed value last certified to Fremont County for the Property prior to the Authority’s implementation of property tax increment financing for the Property as authorized by the Act and the Plan.
Property tax increment means the property tax attributable to the eligible assessment of qualified property.
Property tax increment means the portion of the Tax Increment that is generated from the Developer Improvements that is paid to the Agency and available for reimbursement pursuant to the terms of this Agreement after deduction of all previously committed reimbursement obligations from the Tax Increment, except that the term “base taxable value” for the purposes of calculating Property Tax Increment under this Agreement shall mean the dollar amount specified in the definition of “Property Base Taxable Value” above and not the amount that would result from using the definition in the Act of such term. Under the Project Area Plan and the Project Area Budget, the Agency is entitled to collect 80% of the Tax Increment.
Property tax increment. The amount of the real estate property tax generated from the Property as set forth on the xxxx(s) rendered by the Lake County Treasurer in any calendar year during which an Incentive Payment is to be made under this Agreement that is attributable to the difference between the EAV of the Property during such year minus the Base EAV, but only for the period during which the TIF District shall be in effect.
Property tax increment means the amount of property taxes paid to Weld County for the Property and then paid to BURA by Weld County over and above the base amount of property tax last certified to Weld County for the Property prior to BURA’s implementation of property tax increment financing for the Property.
Property tax increment means, for each Fiscal Year subsequent to the creation of the Property Tax Increment Area, all Property Tax Revenues in excess of Property Tax Revenues produced by the levy of Property Tax on the Property Tax Base Amount and paid to the Authority