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 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 therefrom all amounts required to be paid to taxing entities pursuant to Sections 33607.5 and 33607.7 of the Law unless such payments are subordinated to payments on the 2015 Bonds or any additional Bonds pursuant to Section 33607.5(e) of the Law and 34177.5(c) of the Dissolution Act.

Examples of Tax Revenues in a sentence

  • The Authority does not have any significant assets or sources of funds other than the Tax Revenues and State Building Aid and amounts on deposit pursuant to the Indenture.

  • The Authority may apply Tax Revenues available at the fourth level of priority to the purchase of obligations of HYIC (not exceeding the amounts specified by Supplemental Indentures approved by unanimous vote of the Directors of the Authority), which HYIC obligations shall be held by the Authority.Contract; Obligations to Beneficiaries.

  • Future Tax Secured Bonds issued after the date of issuance of the Series 2007 S-1 Bonds, operating expenses allocable thereto and ancillary and swap contracts related thereto (the “Post-07 S-1 Obligations”) are secured only by Tax Revenues and will have no claim on State Building Aid.

  • The amount of future Tax Revenues to be collected depends upon various factors including the economic conditions in the City.

  • If Tax Revenues were not sufficient to pay Pre-07 S-1 Obligations, as well as Post-07 S-1 Obligations, State Building Aid on deposit in the Collection Account would be applied to the payment of the Pre-07 S-1 Obligations and the amount of State Building Aid available for payment of the Building Aid Revenue Bonds would be reduced.


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 all tax revenues received by the City as detailed in Exhibit D.
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 tax revenues allocated to and deposited in the RPTTF for the Successor Agency pursuant to the Dissolution Act.
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, 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