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.

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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

• Any debt service on the TIF Indebtedness (including interest) to be paid from TIF Tax Revenues shall not constitute a general obligation or debt of the City.

• The TIF Tax Revenues which are to be used to pay debt service for the TIF Indebtedness will be derived from the increased valuation from redeveloping the Project Site as provided in this Redevelopment Agreement.

• If the TIF Tax Revenues from the Tax Increment Provision for any year exceeds the amount necessary to meet current debt service of the TIF Indebtedness, then the excess TIF Tax Revenues shall be paid to Redeveloper and deducted from the Redeveloper’s Aggregate Deficiency Payments until Redeveloper’s Aggregate Deficiency Payments have been fully reimbursed.

• If Redeveloper is required to pay any deficiency, the City shall reimburse all sums paid by said Redeveloper for such purposes if and when annual TIF Tax Revenues do become available from the Ad Valorem Provision to meet current debt service and reimburse Redeveloper for any deficiency payments.

• Specifically, in the event of and to the extent of any deficiency in annual TIF Tax Revenues from the Ad Valorem Tax Provision for required debt service on the TIF Indebtedness, Redeveloper agrees to pay the City the amount of said deficiency within thirty (30) days following receipt of a written request for such payment from the City.

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 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 all taxes annually allocated to the Agency with respect to the Project Area following the Closing Date, 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 of California and as provided in the Redevelopment Plan, including all payments, subventions and reimbursements (if any) to the Agency specifically attributable to ad valorem taxes lost by reason of tax exemptions and tax rate limitations; but excluding (i) all amounts of such taxes required to be deposited into the Low and Moderate Income Housing Fund of the Agency in any Fiscal Year pursuant to Section 33334.2 or 33334.6 of the Redevelopment Law, (ii) all amounts of such taxes required to be paid to taxing entities under Sections 33607.5 and 33607.7 of the Law to the extent such required payments create a prior lien on such taxes, (iii) amounts, if any, payable by the State of California to the Agency under and pursuant to the provisions of Chapter 1.5 of Part 1 of Division 4 of Title 2 (commencing with Section 16110) of the Government Code of the State of California,

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.

Tax Revenues means, with respect to the Project, (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, Reissue Revised Statutes of Nebraska, as amended, (b) all payments made in lieu thereof, and