Tax revenue. The interim final rule’s definition of ‘‘tax revenue’’ is based on the Census Bureau’s definition of taxes, used for its Annual Survey of State Government Finances.166 It provides a consistent, well-established definition with which States and territories will be familiar and is consistent with the approach taken in Section II.C of this SUPPLEMENTARY INFORMATION describing the implementation of sections 602(c)(1)(C) and 603(c)(1)(C) of the Act, regarding revenue loss. Consistent with the approach described in Section II.C of this SUPPLEMENTARY INFORMATION, tax 164 Using Fiscal Year 2019 is consistent with section 602 as Congress provided for using that baseline for determining the impact of revenue loss affecting the provision of government services. See section 602(c)(1)(C). 165 Congressional Budget Office, An Overview of the Economic Outlook: 2021 to 2031 (February 1, 2021), available at xxxxx://xxx.xxx.xxx/ publication/56965. 166 U.S. Census Bureau, Annual Survey of State and Local Government Finances Glossary, https:// xxx.xxxxxx.xxx/xxxxxxxx-xxxxxxx/xxxxx/xxxxx/ glossary.html (last visited Apr. 30, 2021). revenue does not include revenue taxed and collected by a different unit of government (e.g., revenue from taxes levied by a local government and transferred to a recipient government).
Tax revenue. 8.1 Ucluelet First Nation own source revenue from taxes for a Fiscal Year will be calculated as the sum of:
Tax revenue. 2. For the purposes of this Annex and subject to clauses 3 and 4, the tax revenue for a tax entitlement year or for a sub-period of a tax entitlement year, as the case may be, is the amount determined by the formula where A is the sum of
Tax revenue. 8.1 Uchucklesaht Tribe own source revenue from taxes for a Fiscal Year will be calculated as the sum of:
Tax revenue. Hainan’s general public budget revenue of the local government has kept growing, of which tax revenue accounts for a relatively high proportion. In 2021, with the stimulation of Hainan FTP policies, the inflow of enterprises and talents into Hainan Province has increased significantly, and with the recovery of economic growth, the tax revenue of Hainan Province has also increased substantially. From 2017 to 2021, the proportion of tax revenue in Hainan Province to the general public budget revenue of the local government were 80.6%, 83.5%, 80.2%, 68.6% and 80.7%, respectively, and the proportion of tax revenue has maintained at a relatively high level. With the improvement of infrastructure and functional facilities in the top ten parks, the establishment of headquarters enterprises and the continuous development of service trade, Hainan Province has formed a stable tax source structure. The table below shows the breakdown of tax revenue of Hainan for 2017-2021.
Tax revenue. 8.1 Toquaht Nation own source revenue from taxes for a Fiscal Year will be calculated as the sum of:
Tax revenue. This project will increase the total tax revenue more than four-fold. • Presently the site generates $94,000 in municipal tax revenue. Stage 1 projected revenue is $412,000. At full buildout, the projected net PILOT revenue to the Town is $1,030,000.
Tax revenue. 8.1 Ka:’yu:’k’t’h’/Che:k’tles7et’h’ First Nations own source revenue from taxes for a Fiscal Year will be calculated as the sum of:
Tax revenue. According to a 2013 analysis by Xxxxxxxxxx & Xxxxxxxx, the stadium is expected to generate direct annual tax revenue of approximately $700,000. That includes the real estate revenue on a stadium that is expected to cost $35 million to develop (the Xxxxxxxxxx & Xxxxxxxx analysis assumed a publicly owned stadium so did not include real estate revenue in its estimated total).
Tax revenue. The property to be redeveloped is anticipated to have a January 1, 2019, valuation of approximately $100,943. Based on the 2017 levy this would result in a real property tax of approximately $2,274. It is anticipated that the assessed value will increase by $1,568,647 upon full completion, as a result of the site redevelopment. This development will result in an estimated tax increase of over $35,344 annually. The tax increment gained from this Redevelopment Project Area would not be available for use as city general tax revenues, for a period of 15 years, or such shorter time as may be required to amortize the TIF bond, but would be used for eligible private redevelopment costs to enable this project to be realized. Estimated 2019 assessed value: $ 100,943 Estimated value after completion $ 1,669,590 Increment value $ 1,568,647 Annual TIF generated (estimated) $ 35,334 TIF bond issue $ 530,004
