Special Tax Component definition

Special Tax Component means one of the following components of the Special Tax: Community Park Maintenance Tax, Street Lighting Maintenance Tax, Neighborhood Parks and Landscape Maintenance Tax, or Stormwater Maintenance Tax.
Special Tax Component means one of the following Special Taxes: Special Tax A or Special Tax B (Contingent).
Special Tax Component means, separately, the CFD Administration Component, Base Maintenance Component, Basin Maintenance Component, or Project-Specific Maintenance Component.

Examples of Special Tax Component in a sentence

  • Each Special Tax Component shall be levied only to pay for the related Special Tax Requirement.

  • The Administrator shall also determine: (i) whether each Assessor’s Parcel of Taxable Property is Developed Property or Undeveloped Property, and (ii) the Special Tax Requirement for each Special Tax Component for the then-current Fiscal Year.

  • The Administrator shall also determine: (i) the Land Use of eachAssessor’s Parcel of Developed Property, (ii) the number of Dwelling Units on each Parcel of Residential Property, and (iv) the Special Tax Requirement for each Special Tax Component.

  • The Special Tax shall be levied indefinitely as necessary to pay the Special Tax Requirement for each Special Tax Component at up to the Maximum Special Tax for each Developed Property.

  • The Special Tax consists of two components: Special Tax A and Special Tax B (Contingent), and shall be levied commencing with the 2022-23 Fiscal Year, on each Parcel of Developed Property Proportionately as needed to satisfy the Special Tax Requirement for each Special Tax Component for the applicable Fiscal Year at up to the Maximum Special Tax for each Developed Property.


More Definitions of Special Tax Component

Special Tax Component means one of the following components of the Special Tax: City Landscape Maintenance Special Tax; Streetlight, Water, and Utilities Maintenance Special Tax; or Stormwater Storage and Treatment Special Tax as identified in Table 1 and Table 2.

Related to Special Tax Component

  • 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.

  • 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.

  • Special Taxes means any and all present or future taxes, levies, imposts, deductions, charges or withholdings, or any liabilities with respect thereto, including those arising after the date hereof as result of the adoption of or any change in law, treaty, rule, regulation, guideline or determination of a Governmental Authority or any change in the interpretation or application thereof by a Governmental Authority but excluding, in the case of Lender, such taxes (including income taxes, franchise taxes and branch profit taxes) as are imposed on or measured by Lender’s net income by the United States of America or any Governmental Authority of the jurisdiction under the laws under which Lender is organized or maintains a lending office.

  • Principal Component The principal payment plus any interest payments that are either due after the date specified in, or are specified as ineligible for stripping in, the applicable Supplemental Agreement.

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

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • 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.

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

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

  • Pre-Tax Earnings means the Corporation's earnings before income taxes as reported in the Company's Consolidated Income Statement for each fiscal year of the Performance Period, excluding any non-cash charge incurred in accordance with accounting principles generally accepted in the United States of America (GAAP) for any restricted stock or restricted stock unit awards granted during the Performance Period and all options, restricted stock and other equity compensation granted to Directors during the Performance Period.

  • Intended Tax Treatment has the meaning set forth in the Recitals.

  • Available Tax Increment means the Gross Tax Increment received by the City from Hennepin County during the period preceding each semi-annual Payment Date, less (i) the amount of tax increment, if any, which the City must pay to the school district, the county and the state pursuant to Minnesota Statutes, Sections 469.177, Subds. 9 and 11; 469.176, Subd. 4h; and 469.175, Subd. 1a, as the same may be amended from time to time, (ii) actual administrative costs of the City in an amount not to exceed 10% of Gross Tax Increment.