Revenue allocation area means that portion of an urban renewal
Revenue allocation area means that portion of an urban renewal area or competitively disadvantaged border community area where the equalized assessed valuation (as shown by the taxable property assessment rolls) of which the local governing body has determined, on and as a part of an urban renewal plan, is likely to increase as a result of the initiation of an urban renewal project or competitively disadvantaged border community area. The base assessment roll or rolls of revenue allocation area or areas shall not exceed at any time ten percent (10%) of the current assessed valuation of all taxable property within the municipality.
Revenue allocation area means that portion of an urban renewal area where
Examples of Revenue allocation area in a sentence
Revenue allocation area (RAA).” A revenue allocation area (RAA) as referred to in Section 50- 2908, Idaho Code, shall be the area defined in Section 50-2903, Idaho Code, in which base and increment values are to be determined.
More Definitions of Revenue allocation area
Revenue allocation area means all taxable real and personal property within the Urban Renewal Project Area as described in the Urban Renewal Plan as adopted by the Hailey Urban Renewal Agency and approved by the Mayor and the City Council of the city of Hailey, Idaho.
Revenue allocation area means that portion of an urban renewal area …. where the equalized assessed valuation (as shown by the taxable property assessment rolls) of which the local governing body has determined, on and as a part of the urban renewal plan, is likely to increase as a result of the initiation of an urban renewal project … The base assessment roll or rolls of revenue allocation area or areas shall not exceed at any time ten percent (10%) of the current assessed valuation of all taxable property within the municipality.
Revenue allocation area means all taxable real and personal property within the Urban Renewal Project Area as described in the Urban Renewal Plan as adopted by the Moscow Urban Renewal Agency and approved by the Mayor and the City Council of the City ofMoscow, Idaho.