Examples of Base Year Revenue in a sentence
Base year revenue will be adjusted accordingly to reflect any rate/payment methodology changes that may have occurred since and during the base year.
This total is entered on line 7 of the worksheet.A weighting for both operating costs (other than landfill disposal) and landfill disposal costs is calculated as follows:Operating Costs(Other Than Landfill Disposal):Total operating costs (Line 5)Divided by Base year revenue requirement (Line 7)Equals Operating costs (other than landfill disposal), as a percentage of base year revenue requirement.
For the purpose of calculating the compensation amount in any financial year, year 2015-16 will be assumed to be the base year, from revenue will be projected.● Base year revenue: The base year tax revenue consists of the states’ tax revenues from: (i) state Value Added Tax (VAT), (ii) central sales tax, (iii) entry tax, octroi, local body tax, (iv) taxes on luxuries, (v) taxes on advertisements, etc.
Base year revenue of ₹ 20,097.72 crore escalated at compound rate 14 per cent annually for two years (2016-17 and 2017-18) worked out to ₹ 26,118.99 crore for 2017-18.
The Act also regulates the Council's use of undercover officers or informants to obtain information.