Examples of Tax Zone 1 in a sentence
Development Special Tax When a Taxable Parcel in Tax Zone 1 or Tax Zone 2 becomes Developed Property, the Administrator shall use the Base Development Special Taxes shown in Table 1 below and apply the steps set forth in this Section 2a to determine the Maximum Development Special Tax for Leasehold Interests in the Taxable Parcel.
The Backup Special Tax shall be $902 per Residential Unit for Residential Property in Tax Zone 1, $1,405 per Residential Unit for Residential Property in Tax Zone 2, $1,575 per Residential Unit for Residential Property in Tax Zone 3, and $1,648 per Residential Unit for Residential Property in Tax Zone 4.
The Maximum Special Tax for Undeveloped Property in Improvement Area No. 1 shall be $18,720 per Acre for such property in Tax Zone 1, $22,448 per Acre for such property in Tax Zone 2, $18,474 per Acre for such property in Tax Zone 3, and$17,253 per Acre for such property in Tax Zone 4.
The Fiscal Year 2018-19 Maximum Special Tax for Final Map Property in Tax Zone 1 is $6,184 per Acre, which amount shall increase on July 1, 2019 and each July 1 thereafter by the Escalation Factor.
Table 1Maximum Special Tax for Developed Property in Tax Zone 1 Land Use CategoryMaximum Special Tax (Fiscal Year 2018-19)*Single Family Detached Property* On July 1, 2019, and on each July 1 thereafter, the Maximum Special Taxes shown above will be increased by the Escalation Factor.