Project area budget definition

Project area budget means a multiyear projection of annual or cumulative
Project area budget means a multiyear projection of annual or cumulative revenues and expenses and other fiscal matters pertaining to a project area that includes:
Project area budget means a multiyear projection of annual or cumulative revenues and expenses and other fiscal matters pertaining to a project area prepared in accordance with:

Examples of Project area budget in a sentence

  • The following information will detail the sources and uses of tax increment and other necessary details needed for public officials, interested parties, and the public in general to understand the mechanics of the Project Area Budget.

  • This Project Area Budget document (the “Budget”) is predicated upon certain elements, objectives and conditions outlined in the Plan and intended to be used as a financing tool to assist the Agency in meeting Plan objectives discussed herein and more specifically referenced and identified in the Plan.

  • The table below describes the forecasted property tax benefit that each taxing entity will retain during the duration of the Project Area Budget.

  • SECTION 3: GENERAL OVERVIEW OF PROJECT AREA BUDGET‌ The purpose of the Project Area Budget is to provide the financial framework necessary to implement the Project Area Plan.

  • The Agency staff is authorized to finalize negotiations with the taxing entities that levy a certified rate in the Project Area, to participate with the Agency in the implementation and funding of the Project Area Budget in accordance with the Act.


More Definitions of Project area budget

Project area budget means (as further described under 17-C-5-303 of the Act) the multi-year projection of annual or cumulative revenues, other expenses and other fiscal matters pertaining to the Project Area that includes:
Project area budget means a multiyear projection of annual or cumulative 961 revenues and expenses and other fiscal matters pertaining to a project area that includes: 962 (a) the base taxable value of property in the project area;
Project area budget means a multiyear projection of annual or cumulative 638 revenues and expenses and other fiscal matters pertaining to the project area.
Project area budget means a multiyear projection of annual or cumulative revenues and expenses and other fiscal matters pertaining to a urban renewal or economic development project area that includes:
Project area budget means a multiyear projection of annual or cumulative revenues and expenses and other fiscal matters pertaining to a redevelopment, economic development, or education housing development project area that includes:
Project area budget means a multiyear projection of annual or cumulative 1236 revenues and expenses and other fiscal matters pertaining to a project area. 1237 (11) "Project area plan" means a written plan that, after the plan's effective date, 1238 manages activity within a project area within the scope of a management plan. 1239 (12) "Public entity" means: 1240 (a) the state, including each department, division, or other agency of the state; or 1241 (b) a county, city, town, metro township, school district, special district, special service 1242 district, interlocal cooperation entity, community reinvestment agency, or other political 1243 subdivision of the state. 1244 (13) "Publicly owned infrastructure and improvements": 1245 (a) means infrastructure, improvements, facilities, or buildings that: 1246 (i) benefit the public; and 1247 (ii) (A) are owned by a public entity or a utility; or 1248 (B) are publicly maintained or operated by a public entity; and 1249 (b) includes: 1250 (i) facilities, lines, or systems that provide: 1251 (A) water, chilled water, or steam; or 1252 (B) sewer, storm drainage, natural gas, electricity, energy storage, [renewable] clean 1253 energy, microgrids, or telecommunications service; and 1254 (ii) streets, roads, curbs, gutters, sidewalks, walkways, solid waste facilities, parking 1255 facilities, and public transportation facilities. 1256 (14) "Sovereign land" means land: 1257 (a) lying below the ordinary high water mark of a navigable body of water at the date 1258 of statehood; and 1259 (b) owned by the state by virtue of the state's sovereignty. 1260 (15) "Utah Lake" includes all waters of Utah Lake and all land, whether or not 1261 submerged under water, within the lake authority boundary. 1262 (16) "Voting member" means an individual appointed as a member of the board under 1263 Subsection 11-65-302(2). 1264 Section 15. Section 11-65-203 is amended to read: 1265 11-65-203. Policies and objectives of the lake authority -- Additional duties of the
Project area budget means the Project Area Budgetrevised budget attached as Attachment No. 3 which was prepared by the Agency and approved on January 18, 2008June 15, 2011 by the Taxing Entity Committee, and adopted on February 7, 2008 byset forth in the Agency. A copy of the Project Area Budget is attached hereto as Attachment No. 3TEC Resolution.