Examples of Services Special Tax in a sentence
Commencing with Fiscal Year 2019-2020 and for each following Fiscal Year, the CFD Administrator shall determine the Special Tax Requirement for Services and shall provide for the levy of the Services Special Tax until the total Services Special Tax levy equals the Special Tax Requirement for Services.
The Assigned Services Special Tax above shall be applicable for Fiscal Year 2019-2020, and shall increase thereafter, commencing on July 1, 2020, and on each July 1 thereafter in an amount estimated to fund the Special Tax Requirement for Services for the Fiscal Year commencing on such July 1.
However, in no case shall the Assigned Services Special Tax for Developed Property exceed the applicable Maximum Services Special Tax for Developed Property in any Fiscal Year.
On each July 1, commencing on July 1, 2020, the Maximum Services Special Tax shall be increased by an amount equal to two percent (2%) of the amount in effect for the previous Fiscal Year.
Beginning July 1, 2020 and each July 1 thereafter, the Base Contingent Services Special Tax for each Tax Zone and the Maximum Contingent Services Special Tax assigned to the Leasehold Interests in each Taxable Parcel shall be adjusted by the Escalator.
Each Fiscal Year after the Fiscal Year in which the Trigger Event occurs, the Administrator shall coordinate with the City and the Port to determine the Services Special Tax Requirement for the Fiscal Year.
The Contingent Services Special Tax may not be levied on Undeveloped Property.
The Services Special Tax shall be levied in perpetuity to fund the Special Tax Requirement for Services.
The Services Special Tax shall be levied and collected in perpetuity beginning in the Transition Year.
Beginning in the first Fiscal Year after the Fiscal Year in which the Trigger Event occurs, the Contingent Services Special Tax shall be levied and collected in perpetuity.