New growth definition

New growth means the taxable valuation of any property that was not taxable in the prior year.
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New growth means increases to the assessed value of a property, as a result of development or other changes, as a result of the return of exempt real property to the tax role and new personal property, and new subdivision parcels and condominium conversions. For details of New Growth calculations, Please see Levy Limits: A Primer on Proposition 2 ½, Massachusetts Department of Revenue Division of Local Services, available online at https://www.mass.gov/files/documents/2016/08/oq/levylimits.pdf.
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Examples of New growth in a sentence

  • New growth patterns were most striking in the South and West, where inexpensive land, unorganized labor, low taxes, and warm climates beckoned; California grew the most rapidly, containing one-tenth of the nation’s population by 1970, surpassing New York as the most populous state.

  • Context New growth will put further pressure on the roads and transport networks and create demand for strategic and local transport infrastructure improvements in the district.

  • New growth will need to buy into the excess capacity of the existing police facilities.

  • New growth of £1.0m has been set aside from 2010/11 onwards to address this cost increase.

  • New growth of vines, trees, etc., shall be trimmed a minimum of two (2) feet around fencing, guard rails, etc.

  • New growth is encouraged to occur within natural service areas of existing and proposed public water and sewer systems, where higher densities and greater variety can be provided.

  • New growth will put further pressure on the roads and transport networks and create demand for strategic and local transport infrastructure and service improvements in the Borough.

  • New growth engines including service sectors… Realizing it has to rise to these challenges, as early as the first signs that a global crisis was looming, Morocco chose to stick with the gradual course in pursuit of its development policy, which is based on supporting growth, increasing investment, and pressing ahead with the implementation of major projects, structural reforms and the diversification of the economy.

  • Policy II.B.5e: New growth shall be accommodated through development in areas where vacant land is contiguous to existing or programmed urban facilities and services and where the integrity of existing neighborhoods can be ensured.

  • New growth in existing developed areas, which would accommodate 1/3rd of anticipated new households and 2/3rds of new jobs.

Related to New growth

  • Student growth percentile means a specific metric for measuring individual student progress on Statewide assessments by tracking how much a student’s test scores have changed relative to other students Statewide with similar scores in previous years.

  • Confluent growth means a continuous bacterial growth covering the entire filtration area of a membrane filter, or a portion thereof, in which bacterial colonies are not discrete.

  • EPS for any Year means earnings per share of the Company, as reported in the Company's Consolidated Statement of Income set forth in the financial statements of the Company for the Year.

  • SME growth market means a MTF that is registered as an SME growth market in accordance with Article 35;

  • Revenue Growth means the percentage change in revenue (as defined in Statement of Financial Accounting Concepts No. 6, published by the Financial Accounting Standards Board) from one period to another.

  • Student Growth means the change in student growth between two points in time.

  • Student growth objective means an academic goal that teachers and designated supervisors set for groups of students.

  • Growth means the rating a school will receive based on longitudinally matched student data comparing current performance to the previous year’s for the purpose of determining student academic growth.

  • New Holdings shall have the meaning provided in the definition of the term “Holdings”.

  • Garden State Growth Zone or "growth zone" means the four

  • Nominated Energy Efficiency Value means the amount of load reduction that an Energy Efficiency Resource commits to provide through installation of more efficient devices or equipment or implementation of more efficient processes or systems.

  • ROIC means Return on Invested Capital and represents a ratio of Adjusted net income to Average Invested Capital. The Company believes this is a useful profitability measure as it excludes non-cash expenses (income) from both the numerator and denominator.

  • Peer Group means the group of companies, as more particularly set forth on attached Exhibit A, against which the Relative Total Shareholder Return of the Company is measured over the Incentive Period.

  • TSR means total shareholder return.

  • Urban growth areas means those areas designated

  • Average Parent Stock Price means the average of the volume weighted averages of the trading prices of Parent Common Stock, as such price is reported on the NYSE Composite Transaction Tape (as reported by Bloomberg Financial Markets or such other source as the parties shall agree in writing), for the 15 trading days ending on the third trading day immediately preceding the Effective Time.

  • Indicators of student progress and growth means the results of assessment(s) of students as defined in N.J.A.C. 6A:8, Standards and Assessment.

  • Operating Company Number (OCN means the numeric Company Code assigned by NECA identifying CLEC as a Resale or UNE provider.

  • Make-Whole Acquisition Stock Price means the consideration paid per share of Common Stock in a Make-Whole Acquisition. If such consideration consists only of cash, the Make-Whole Acquisition Stock Price shall equal the amount of cash paid per share of Common Stock. If such consideration consists of any property other than cash, the Make-Whole Acquisition Stock Price shall be the average of the Closing Price per share of Common Stock on each of the 10 consecutive Trading Days up to, but not including, the Make-Whole Acquisition Effective Date.

  • Bonus Target means the annual bonus that the Executive would have received in a fiscal year under the AIP Plan and/or the EIC Plan, if the target goals had been achieved.

  • Lowest achievable emission rate or “LAER” means, for any source, the more stringent rate of emissions based on the following:

  • Purchaser Stock Price means, with respect to any Common Stock Fundamental Change, the average of the daily Closing Price for one share of the common stock received by holders of the Common Stock in such Common Stock Fundamental Change during the 10 Trading Days immediately prior to the date fixed for the determination of the holders of the Common Stock entitled to receive such common stock or, if there is no such date, prior to the date upon which the holders of the Common Stock shall have the right to receive such common stock.

  • Lowest Achievable Emission Rate (LAER means, for any source, the more stringent rate of emissions based on the following:

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • Parent Closing Price means the volume weighted average closing trading price of a share of Parent Common Stock on Nasdaq for the five consecutive trading days ending five trading days immediately prior to the date upon which the Merger becomes effective.