Fiscal Impact definition
Fiscal Impact means the increase or decrease in revenues and generally refers to an impact to revenues caused by the district.
Fiscal Impact. Because the County’s contribution to this project is in the form of federal CDBG funds, there is no financial impact on County general funds.
Fiscal Impact. The exact cost for completion of projects will depend upon the number of projects in progress. The cost will be budgeted within the specific projects. The services will be paid from Proposition “V” proceeds and the expenditures will be subject to review by the Citizens’ Bond Oversight Committee.
Examples of Fiscal Impact in a sentence
Up until one year after the Investment Deadline, the IEDC may issue a tax credit certification for a portion or the entirety of the previously withheld amount, should the Company meet its Fiscal Impact Requirements.
For years up to the Investment Deadline in which a tax credit may be earned, in the event that the Taxable Year Credit Amount is less than the Maximum Taxable Year Credit Amount as a result of an application of Step 2 of the guideline above, or the Fiscal Impact Requirements are not met, the IEDC may temporarily withhold a portion or the entirety of the Taxable Year Credit Amount.
More Definitions of Fiscal Impact
Fiscal Impact. The original agreement with Millennia was for $34,500. The supplement requested is for an additional $4,490.
Fiscal Impact. The exact yearly cost of the contract will vary based upon the number of complexity of projects in progress. The cost will be budgeted within specific projects funded from Prop “R” and Prop “V” budgets.
Fiscal Impact. None. Grant funds have been secured from the State to cover the cost of the evaluations.
Fiscal Impact. No costs to the City are anticipated with the grant of the Utility Easement Agreement. AT&T will pay the City a one-time fee of $10,000 for the easement.
Fiscal Impact. The IGA has no direct fiscal impact as the fiscal impact for the CEP is dependent upon the tonnage of waste disposed at the Forest Grove Transfer Station. Metro has reduced the tons of waste permitted to be disposed at the transfer station from 125,000 tons to approximately 77,000 tons over the past few years.
Fiscal Impact. The funding from this agreement has been included in the adopted budget and does not include County general funds.
Fiscal Impact. The estimated loss of revenue to the Town’s General Fund for the one residential property is approximately $1,520.664 for fiscal year 2023/2024. This estimate is based on Town revenue of approximately 15% of County collected property taxes (which are approximately 1% of the assessed property value), and includes a reduction for ▇▇▇▇▇ Act assessed value. This is an ongoing loss of revenue for a minimum of 10 years (the minimum contract term).