Tax Increment means the difference between:

Tax Increment means that amount obtained by multiplying the total county, city, school and other local general property taxes levied on all taxable property within a TID in a year by a fraction having as a numerator the value increment for that year in the district and as a denominator that year’s equalized value of all taxable property in the TID.

Tax Increment means the collections realized from extending the tax levies, expressed in

Examples of Tax Increment in a sentence

The Authority hereby consents to the further pledge and assignment of the Property Tax Increment Revenues by (i) any metropolitan district, business improvement district or other entity upon the issuance of such bonds, to the trustee and (ii) by any developer or owner, in accordance with any redevelopment agreement or to any lender or lenders providing financing pursuant to such redevelopment agreement.
The Property Tax Increment Revenues shall be paid to the Authority or its designated depository as and when collected in accordance with the Act for deposit into a tax increment revenue fund established in accordance with the Act and the Plan (the “Special Fund”).
Pursuant to the Act, the Authority will work with owners and developers, metropolitan districts, business improvement districts and other similar entities to issue financial instruments to finance its and their eligible activities, operations and duties to carry out the Plan and the Project by means of tax allocation financing utilizing Property Tax Increment Revenues.
Chair, Board of Directors Tax Increment Financing Reinvestment Zone No. Two 0000 X.
In accordance with the Act and the Supplemental Public Securities Act, such pledge by Authority shall create a lien on the Property Tax Increment Revenues received by Authority which shall take effect immediately without any physical delivery, filing, or further act.

More Definitions of Tax Increment

Tax Increment means that portion of the property taxes generated by the Property and Minimum Improvements that is actually remitted to the City as tax increment under the Tax Increment Act.

Tax Increment means that portion of the real property taxes which is paid with respect to the TIF District and which is remitted to the Authority as tax increment pursuant to the Tax Increment Act.

Tax Increment means the difference between the amount of property tax revenues generated each tax year by all taxing entities from the Project Area using the current assessed value of the property and the amount of property tax revenues that would be generated from the same area using the base taxable value of the property.

Tax Increment means all of the property tax proceeds attributable to the assessed valuation of real property in the Allocation Area in excess of the assessed valuation described in IC 36-7-14-39(b)(1), as such statutory provision exists on the date of issuance of the Series 2024 Bonds.

Tax Increment means the amount of regular levy property taxes attributable to the

Tax Increment means the same as that term is defined in Section 17C-1-102.

Tax Increment means all real property tax proceeds attributable to the assessed valuation within the Allocation Area, as of each assessment date in excess of the base assessed value as described in IC 36-7-14-39(b)(1). The incremental assessed value is multiplied by the then current property tax rate (per $100 assessed value).