Local revenue definition

Local revenue means in each school year ninety-eight
Local revenue. , as used in this section, means seventy-five percent of receipts to the school district derived from that amount produced by a school district property tax applied at the rate of fifty cents ($.50) to each one thousand dollars ($1,000) of net taxable value of property allocated to the school district and to the assessed value of products severed and sold in the school district as determined under the Oil and Gas Ad Valorem Production Tax Act and upon the assessed value of equipment in the school district as determined under the Oil and Gas Production Equipment Ad Valorem Tax Act.
Local revenue means all classes of revenue determined by the minister to be local revenue but does not include revenue from an operating grant or from school referendum taxes;

Examples of Local revenue in a sentence

  • Total Revenues shares33,893,43033,819,989100 % Cumulative Performance for Locally Raised RevenuesCumulative Local revenue accounted for 5% of the total amount of revenue realized by the end of Quarter four.

  • Cumulative Performance for Locally Raised RevenuesThe cumulative reciept of locally raised revenue up to end of Q4 was Ugx 442,583 ,000 against the planned ugx 759,079,000 giving 58.3% revenue performance.The main source of Local revenue that majorly contributed to this performance was other licenses which includes charges on forest products and property related tax.

  • Local revenue performed at (51%) due to more Realization of Local Service tax compared to what was planned.

  • Vote: 534Masindi District Workplan 11: Internal AuditThe department entilely depends on Local revenue, which is not fortcoming.

  • Inadequate IT skills among most of the players, 2) Inadequate Local revenue base to finance governance activities 3) Policy shifts amidst limited capacities for effective implementation.


More Definitions of Local revenue

Local revenue means local taxes budgeted for school purposes in excess of the local five mill share, combined with any applicable equalization grant and budgeted revenues from any of the following: investment earnings, unrestricted donations, and the sale of surplus property; but exclusive of revenue from bonds issued for capital projects, revenue to pay debt service on such bonds and local option sales tax for capital projects. Nothing in this paragraph shall be construed to prevent a local board from including a local charter school in projects specified in the ballot language of a local option sales tax or bond referendum.
Local revenue means revenue from a
Local revenue means seventy-five
Local revenue means local taxes budgeted for school purposes in excess of the local
Local revenue means all revenue earned and/or deemed earned by Super Coups in a particular time period for Local Advertising as more fully described in Section 10.6 below.
Local revenue means the total revenue received by a locality from local sources for the fiscal year
Local revenue means a Club’s Defined Gross Revenue less its share of Central Revenue.