Operating Tax Rate definition
Operating Tax Rate means the rate utilized in the
Operating Tax Rate means the rate utilized in the previous year to extend property taxes for all purposes, except Bond and Interest, Summer School, Rent, Capital Improvement, and Vocational Education Building purposes. For Hybrid Districts, the Operating Tax Rate shall be the combined elementary and high school rates utilized in the previous year to extend property taxes for all purposes, except Bond and Interest, Summer School, Rent, Capital Improvement, and Vocational Education Building purposes.
Operating Tax Rate means the actual year end operating tax rate for the applicable portion of the performance period (e.g. year end 2015 tax rate will apply to 2015 performance period) determined in accordance with U.S. GAAP and as utilized in the preparation of The Hanover’s financial statements as filed with the SEC.
More Definitions of Operating Tax Rate
Operating Tax Rate means all school district property
Operating Tax Rate means all school district property taxes extended for all purposes, except bond and interest, summer school, rent, capital improvement, and vocational education building purposes.