Tax Revenues definition

Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

Tax Revenues means any revenues received by the Commonwealth directly or indirectly as a result of the industrial improvement project, including state corporate income taxes, the limited liability entity tax imposed by KRS 141.0401, state income taxes paid by employees who work in the project, state property taxes, state corporation license taxes, or state sales and use taxes.

Tax Revenues means all taxes (including all payments, reimbursements, and subventions, if any, specifically attributable to ad valorem taxes lost by reason of tax exemptions and tax rate limitations) that were eligible for allocation to the Former Agency with respect to the Project Area and are allocated to the Successor Agency pursuant to Article 6 of Chapter 6 (commencing with Section 33670) of the Law and Section 16 of Article XVI of the Constitution of the State, or pursuant to other applicable State laws and that are deposited in the Redevelopment Property Tax Trust Fund for transfer to the Successor Agency for deposit into the Redevelopment Obligation Retirement Fund, excluding amounts payable by the Successor Agency to taxing entities pursuant to the Pass-Through Agreements or Sections 33607.5 and 33607.7 of the Law, unless such payments are subordinated to payments on the Bonds in accordance with the Law.

Examples of Tax Revenues in a sentence

• The Payments shall not constitute general obligations of the City but shall be made solely and only from unencumbered Incremental Property Tax Revenues (as hereinafter defined) received by the City from the Delaware County and Dubuque County Treasurers which are attributable to the Urban Renewal Area.

• Each Payment shall be in an amount equal to the corresponding Appropriated Amount (for example, for the Payment due on June 1, 2026, the amount of such Payment would be determined by the Appropriated Amount determined for certification by December 1, 2024), provided, however, that no Payment shall exceed the amount of Incremental Property Tax Revenues received by the City from the Delaware and Dubuque County Treasurers attributable to the taxable valuation of the Urban Renewal Area.

• Prior to December 1 of each year during the Term (as hereinafter defined) of this Agreement, beginning December 1, 2024, the City Council of the City shall consider the question of obligating for appropriation to the funding of the Payment due in the following fiscal year, an amount (the “Appropriated Amount”) of Incremental Property Tax Revenues to be collected in the following fiscal year equal to or less than one-tenth (1/10) of the Maximum Payment Total.

More Definitions of Tax Revenues

Tax Revenues means all revenues allocated to the board from the privilege tax authorized to be levied pursuant to this act.

Tax Revenues means the Sales Tax Revenues and the Debt Service Portion of the Ticket Tax Revenues.

Tax Revenues means the monies deposited from time to time in the Redevelopment Property Tax Trust Fund established pursuant to subdivision (c) of Section 34172 of the Dissolution Act, as provided in paragraph (2) of subdivision (a) of Section 34183 of the Dissolution Act. If, and to the extent, that the provisions of Section 34172 or paragraph (2) of subdivision (a) of Section 34183 are invalidated by a final judicial decision, then Pledged Tax Revenues shall include all tax revenues allocated to the payment of indebtedness pursuant to Health & Safety Code Section 33670 or such other section as may be in effect at the time providing for the allocation of tax increment revenues in accordance with Article XVI, Section 16 of the California Constitution.

Tax Revenues means the revenues received by the District from the levy and collection of the Tax, after paying the reasonable and necessary expenses of collecting and administering the Tax.

Tax Revenues means the tax revenues allocated to and deposited in the RPTTF for the Successor Agency pursuant to the Dissolution Act.

Tax Revenues means (a) those tax revenues referred to in the last sentence of the first paragraph of Section 12 of Article VIII of the Constitution of the State and in Section 18-2147(2) of the Redevelopment Law, (b) all payments made in lieu thereof, and (c) such taxes, if any, as may be levied and collected by the City pursuant to the provisions of Section 18-2107(11) of the Redevelopment Law for the purpose of paying Debt Service on Bonds.

Tax Revenues means revenues from the Town's Food and Beverage Tax under IC 6-9- 27 up to the amount necessary to pay Debt Service on the Bonds and to make required deposits to the hereinafter defined Reserve Account of the Tax Fund.