City Sales Tax Revenues definition

City Sales Tax Revenues means gross receipts of the City under K.S.A. 12-187 et seq., as amended, and K.S.A. 12-198, as amended, from (a) the portion of any city retail sales and compensating use taxes that is not committed to other uses by election of voters or pledged to bond repayments, and any successor taxes thereto (currently none), and (b) one-half of the City’s portion of the Sedgwick County, Kansas 1% retail sales and compensating use taxes that is not committed to other uses by election of voters or pledged to bond repayments (currently 0.29%), and any successor taxes thereto, in each case with respect to retail sales within the STAR Bond District, to the extent such amounts are on deposit with the State Treasurer on or before May 31, 2033 and available for distribution to the Escrow Agent. City Sales Tax Revenues will be based on tax revenues received by the City from sales occurring within the STAR Bond District, after taking into account applicable destination- based sourcing rules of the State.
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City Sales Tax Revenues means net collections from a city's sales and compensating use taxes.
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Examples of City Sales Tax Revenues in a sentence

  • City Sales Tax Revenues – the retail sales dollar amount generated within the STAR Bond Project Area multiplied by the City sales tax rate that is subject to capture, which based on the location of the Prairiefire at LionsGate Project is 1.0%.

  • Subsidy shall be the sum of an amount equal to forty percent (40%) of the Net City Sales Tax Revenues received by the City during each measuring period.

  • Filename; Cambria Hotel v4;Prop; DPATTACHMENT 2 - TABLE 3A ON-SITE SALES TAX PROJECTION 247 ROOM CAMBRIA HOTELLOS ANGELES, CALIFORNIA Project Year Construction Taxable Sales 1 Hotel Taxable Leased Retail Sales 2 Taxable Sales Total Taxable Sales City Sales Tax Revenues 3 25 Year TermNominal Total$51,665,000$0$59,705,000$598,000Net Present Value @ 10%$16,510,000$0$24,550,000$245,000 1 Based on a direct construction cost of $64,312,000.

  • On the 15th day of the month prior to each Interest Payment Date, the Escrow Agent shall pay, from Incremental City Sales Tax Revenues and any investment earnings thereon on deposit in the TDA Escrow Fund: certain fees, expenses and other amounts payable to each Credit Enhancer, the Trustee, the Dissemination Agents, the Escrow Agent and the Rebate Analysts, subject to the maximum amount of such fees provided in the Tax Distribution Agreement.

  • If any provision or any portion of this joint resolution or the Agreement Between the City of Calabasas and the County of Los Angeles for Sharing City Sales Tax Revenues Pursuant to Annexation 2014-04 ("Tax Sharing Agreement") are held to be unconstitutional, illegal, invalid or unenforceable, the remainder of this joint resolution and the Tax Sharing Agreement shall be void and unenforceable unless the Parties mutually agree in writing that such provisions shall remain effective and enforceable.

  • Payment of the annual payments for each Fiscal Year shall be made by the City to Property Owner in quarterly installments, each installment payable no later than one-hundred and fifty (150) days following the end of each quarter and subject to receipt of all data by the City from the CDTFA confirming the City's share of City Sales Tax Revenues attributable to Tenants and Lessees of the 645 5th Street Project.

  • The compliance period may be longer than the time period for payment of the incentives or enhancements to the owner/developer.Article 23-2 Authorization to Rebate Fees, City Sales Tax Revenues and Expend Public Funds in Furtherance of Economic Development in the City A.

  • As drafted, Policy TNP19 seeks road safety improvements over the life of the Plan which appear to be independent from land use planning considerations.

Related to City Sales Tax Revenues

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • 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 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.

  • 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.

  • Gross Rooms Revenue means all revenues derived from the sale or rental of Guest Rooms (both transient and permanent) of the Hotel, including revenue derived from the redemption of points or rewards under the loyalty programs in which the Hotel participates, amounts attributable to breakfast (where the guest room rate includes breakfast), Mandatory Guest Fees, late cancellation fees, and guaranteed no- show revenue and credit transactions, whether or not collected, at the actual rates charged, less allowances for any Guest Room rebates and overcharges, and will not include taxes collected directly from patrons or guests. Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included in, and not deducted from, the calculation of Gross Rooms Revenue.

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • 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.

  • Net Revenues means the difference between:

  • 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.

  • System Revenues means all rates, rents, fees, charges,

  • 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.

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • 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.

  • Anticipated county property tax revenue availability means the

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Tax increment revenues means the amount of ad valorem property taxes and specific local taxes attributable to the application of the levy of all taxing jurisdictions upon the captured assessed value of real and personal property in the zone. Tax increment revenues do not include any of the following:

  • Gross Operating Revenues means, for any period of time for any Hotel Property, without duplication, all income and proceeds of sales of every kind (whether in cash or on credit and computed on an accrual basis) received by the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property or the applicable Operating Lessee or Manager for the use, occupancy or enjoyment of such Hotel Property or the sale of any goods, services or other items sold on or provided from such Hotel Property in the ordinary course of operation of such Hotel Property, including, without limitation, all income received from tenants, transient guests, lessees, licensees and concessionaires and other services to guests at such Hotel Property, and the proceeds from business interruption insurance, but excluding the following: (i) any excise, sales or use taxes or similar governmental charges collected directly from patrons or guests, or as a part of the sales price of any goods, services or displays, such as gross receipts, admission, cabaret or similar or equivalent taxes; (ii) receipts from condemnation awards or sales in lieu of or under threat of condemnation; (iii) proceeds of insurance (other than business interruption insurance); (iv) other allowances and deductions as provided by the Uniform System in determining the sum contemplated by this definition, by whatever name, it may be called; (v) proceeds of sales, whether dispositions of capital assets, FF&E or equipment (other than sales of Inventory in the ordinary course of business); (vi) gross receipts received by tenants, lessees (other than Operating Lessees), licensees or concessionaires of the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property; (vii) consideration received at such Hotel Property for hotel accommodations, goods and services to be provided at other hotels although arranged by, for or on behalf of, and paid over to, the applicable Manager; (viii) tips, service charges and gratuities collected for the benefit of employees; (ix) proceeds of any financing; (x) working capital provided by the Parent Guarantor or any Subsidiary of the Parent Guarantor or the applicable Operating Lessee; (xi) amounts collected from guests or patrons of such Hotel Property on behalf of tenants of such Hotel Property and other third parties; (xii) the value of any goods or services in excess of actual amounts paid (in cash or services) provided by the applicable Manager on a complimentary or discounted basis; and (xiii) other income or proceeds resulting other than from the use or occupancy of such Hotel Property, or any part thereof, or other than from the sale of goods, services or other items sold on or provided from such Hotel Property in the ordinary course of business. Gross Operating Revenues shall be reduced by credits or refunds to guests at such Hotel Property.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Gross Revenue means:

  • Adjusted gross receipts means the gross receipts less winnings paid to wagerers.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Declared Monthly Consumption means the Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

  • Sales Taxes means any sales, use, consumption, goods and services, value added or similar tax, duty or charge imposed pursuant to Applicable Law.

  • Sales Tax means all applicable provincial and federal sales, use, value-added or goods and services taxes, including GST/HST;

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

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