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.