Anticipated county property tax revenue availability definition

Anticipated county property tax revenue availability means the
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Anticipated county property tax revenue availability means the county-adjusted property tax base multiplied by the effective State average tax rate.
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Anticipated county property tax revenue availability means the 2 county-adjusted property tax base multiplied by the effective State average 3 tax rate. 4 (2) "Anticipated total county revenue availability" means the sum of the 5 following: 6 a. Anticipated county property tax revenue availability. 7 b. Local sales and use taxes received by the county that are levied under 8 Chapter 1096 of the 1967 Session Laws or under Subchapter VIII of 9 Chapter 105 of the General Statutes. 10 c. Sales tax hold harmless reimbursement received by the county under 11 G.S. 105-521. 12 d. Fines and forfeitures deposited in the county school fund for the most 13 recent year for which data are available. 14 (3) "Anticipated total county revenue availability per student" means the 15 anticipated total county revenue availability for the county divided by the 16 average daily membership of the county. 17 (4) "Anticipated State average revenue availability per student" means the sum 18 of all anticipated total county revenue availability divided by the average 19 daily membership for the State. 20 (5) "Average daily membership" means average daily membership as defined in 21 the North Carolina Public Schools Allotment Policy Manual, adopted by the 22 State Board of Education. If a county contains only part of a local school 23 administrative unit, the average daily membership of that county includes all 24 students who reside within the county and attend that local school 25 administrative unit. 26 (6) "County-adjusted property tax base" shall be computed as follows: 27 a. Subtract the present-use value of agricultural land, horticultural land, 28 and forestland in the county, as defined in G.S. 105-277.2, from the 29 total assessed real property valuation of the county. 30 b. Adjust the resulting amount by multiplying by a weighted average of 31 the three most recent annual sales assessment ratio studies. 32 c. Add to the resulting amount the following: 33 1. Present-use value of agricultural land, horticultural land, and 34 forestland, as defined in G.S. 105-277.2. 35 2. Value of property of public service companies, determined in 36 accordance with Article 23 of Chapter 105 of the General 37 Statutes. 38 3. Personal property value for the county. 39 (7) "County-adjusted property tax base per square mile" means the 40 county-adjusted property tax base divided by the number of square miles of 41 land area in the county. 42 (8) "County wealth as a percentage of State average wealth" shall be computed 43 as follows: 44 a. Compute ...
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Related to Anticipated county property tax revenue availability

  • Anticipated total county revenue availability means the sum of the:

  • Anticipated State average revenue availability per student means the sum of all anticipated total county revenue availability divided by the average daily membership for the State.

  • Anticipated total county revenue availability per student means the anticipated total county revenue availability for the county divided by the average daily membership of the county.

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • County-adjusted property tax base per square mile means the county-adjusted property tax base divided by the number of square miles of land area in the county.

  • State average current expense appropriations per student means the most

  • Property tax increment means the amount obtained by:

  • Effective State average tax rate means the average of effective county tax rates for all counties.

  • CAISO Revenues means the net amount resulting from (a) the credits and other payments received by Buyer, as Seller’s Scheduling Coordinator, as a result of test energy from the Project delivered by Seller during the Test Period, including revenues associated with CAISO dispatches and (b) the debits, costs, penalties and interest that are directly assigned by the CAISO to the CAISO Global Resource ID for the Project for, or attributable to, scheduling and deliveries from the Project under this Agreement, which amount may result in a negative or positive value.

  • Effective county tax rate means the actual county tax rate multiplied by a weighted average of the three most recent annual sales assessment ratio studies.

  • Tax Revenue means, with respect to the Project Area, (a) those tax revenues referred to (1) in the last sentence of the first paragraph of Article VIII, Section 12 of the Constitution of the State and (2) in Section 18-2147, Reissue Revised Statutes of Nebraska, as amended, and (b) all payments made in lieu thereof.

  • estimated consumption means the consumption that a customer, whose consumption is not measured during a specific period, is deemed to have consumed and that is estimated by taking into account factors that are considered relevant by the Municipality and which may include the consumption of municipal services by the totality of the users of a service within the area where the service is rendered by the Municipality, at the appropriate level of service, for a specific time;

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Tax Expense means (without duplication), for any period, total tax expense (if any) attributable to income and franchise taxes based on or measured by income, whether paid or accrued, of the Consolidated Entities, including the Consolidated Entity’s pro rata share of tax expenses in any Joint Venture. For purposes of this definition, the Consolidated Entities’ pro rata share of any such tax expense of any Joint Venture shall be deemed equal to the product of (i) such tax expense of such Joint Venture, multiplied by (ii) the percentage of the total outstanding Capital Stock of such Person held by the Consolidated Entity, expressed as a decimal.

  • Real Property Taxes shall also include any tax, fee, levy, assessment or charge, or any increase therein, imposed by reason of events occurring during the term of this Lease, including but not limited to, a change in the ownership of the Premises.