TIF Revenue definition

TIF Revenue means the tax increments received by the municipality that are attributable to the Captured Assessed Value of the real property located within the Tax Increment District for the duration of the district.
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TIF Revenue means the Property Tax TIF plus the Sales Tax TIF.
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TIF Revenue means the Project Revenue and the TIF Tax Revenue.
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Examples of TIF Revenue in a sentence

  • The last available value from December 2006 was thereby interpolated using a simplified yearly cycle of 10 ppm CO2 and a trend of + 2 ppm(yr)-1 [6].

  • It made its first appearance in the Council document of March 2015 but the relevant legislative provisions in Article 6 of that document are in direct contradiction of the recital.

  • Such credit enhancement agreements will be executed at the sole discretion of the Town Council and may provide a reimbursement of up to one hundred percent (100%) of the TIF Revenue generated for a term not to exceed the balance of the District term remaining at the time of approval.

  • Step 1: Developer submits a completed IZ TIF Revenue Loss Offset application to Community Planning and Economic Development (“CPED”) staff.

  • Reel the tape to within the last foot; read and record the free water (water cut level to the nearest inch.

  • IZ-Assisted Developments that receive an award of Revenue Loss Offset assistance pursuant to this policy shall pay the fees required by the City’s Public Financial Assistance Fee Policy in effect at the time of submittal of an IZ TIF Revenue Loss Offset application.

  • This TIF Revenue is then allotted to the various CEAs, and then to the City public infrastructure projects/arts.

  • The Authority shall determine the extent to which the Authority Administrative Fee is available from TIF Revenue based on calculations provided by the El Paso County Assessor.

  • To the extent Pledged TIF Revenue is available in amounts in excess of those required to make the payments then due on the Bonds, such excess Pledged TIF Revenues shall be used to redeem the Bonds prior to their maturity.

  • The TIF Committee met on October 11, 2019 to discuss recommending a 2019 TIF Revenue Note.


More Definitions of TIF Revenue

TIF Revenue means that portion of the Sales Tax that would otherwise be subject to capture as Economic Activity Taxes (as defined in the TIF Plan) within the District but for the City’s agreement to pledge such revenue to the District.
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TIF Revenue means that portion of the property tax assessment for the Urban Renewal Area, which is produced by the levy of each public body, in excess of the portion of the property tax assessment based upon the Base Valuation, as described in described in §31-25- 107(9)(a)(II) of the Act.
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TIF Revenue means the Property Tax Increment Revenue and the Sales Tax Increment Revenue.
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TIF Revenue means the revenue to be deposited in the Special Fund pursuant to the Plan and § 31-25-107(9), C.R.S.
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TIF Revenue means, collectively, the Incremental Real Property Taxes and the Incremental Sales Taxes.
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Related to TIF Revenue

  • TIF Revenues means incremental ad valorem taxes generated on the Redevelopment Project Property by the Project which are to be allocated to and paid to the Authority pursuant to the Act.

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • New M&O Revenue means the total State and local Maintenance and Operations Revenue that District actually received for such school year.

  • Gross Revenue means all of the earnings and revenues received by the RECIPIENT from the maintenance and operation of the Utility and all earnings from the investment of money on deposit in the Loan Fund, except (i) Utility Local Improvement Districts (ULID) Assessments, (ii) government grants, (iii) RECIPIENT taxes, (iv) principal proceeds of bonds and other obligations, or (v) earnings or proceeds (A) from any investments in a trust, Defeasance, or escrow fund created to Defease or refund Utility obligations or (B) in an obligation redemption fund or account other than the Loan Fund until commingled with other earnings and revenues of the Utility or (C) held in a special account for the purpose of paying a rebate to the United States Government under the Internal Revenue Code.

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Eligible revenue means the property tax increment and any

  • Revenue means the price for iron ore from the mineral lease the subject of any shipment or sale and payable by the purchaser thereof to the Company or an associated company less all export duties and export taxes payable to the Commonwealth on the export of the iron ore and all costs and charges properly incurred and payable by the Company from the time the ore shall be placed on ship at the Company’s wharf to the time the same is delivered and accepted by the purchaser including —

  • Original M&O Revenue means, with respect to any school year, the total State and local Maintenance and Operations Revenue that the District would have received for the school year under the Applicable School Finance Law had this Agreement not been entered into by the Parties and the Applicant’s Qualified Property been subject to the ad valorem maintenance and operations tax at the tax rate actually adopted by the District for the applicable Tax Year. For purposes of this calculation, the Third Party will base its calculations upon actual local Taxable Values for each applicable Tax Year as certified by the Appraisal District for all taxable accounts in the District, except that with respect to the Applicant’s Qualified Property during the Tax Limitation Period, such calculations shall use the Taxable Value for each applicable Tax Year of the Applicant’s Qualified Property which is used for the calculation of the District’s tax levy for debt service (interest and sinking fund) ad valorem tax purposes. For the calculation of Original M&O Revenue, the Taxable Value for Applicant’s Qualified Property for maintenance and operations ad valorem tax purposes will not be used during the Tax Limitation Period.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • 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.