Property tax levy definition

Property tax levy means a property tax levy that a school district is authorized to impose, except:
Property tax levy means the total annual municipal appropriations, excluding assessments properly issued by a county of which the municipality is a member and amounts governed by and appropriated in accordance with Title 20‑A, chapter 606‑B, and amounts appropriated to pay assessments properly issued by a school administrative unit or tuition for students or amounts attributable to a tax increment financing district agreement or similar special tax district, reduced by all resources available to fund those appropriations other than the property tax.[PL 2005, c. 12, Pt. WW, §11 (AMD).]
Property tax levy means the tax rate, expressed in mills, for all property taxes levied by the taxing district.

Examples of Property tax levy in a sentence

  • Property tax levy certification procedureH.B. 49 changed requirements pertaining to a resolution or ordinance stating that a taxing authority will proceed to seek voter approval for a property tax levy.

  • Property tax levy ordinance must be filed in Sangamon County by the last Tuesday in December on the assessed valuation as of January 1.

  • Property tax levy reflects the amount of revenue required by the municipality through the property tax base and is equal to total municipal spending minus aid and other revenues.

  • Property tax levy authority is scattered throughout Minnesota statutes and can be difficult to exhaustively enumerate.

  • Property tax levy and BCA are used interchangeably by the County to fill the gap between the amount spent to provide mental health services and the revenue that is recovered from patients and other sources. BHD was able to increase its investment in community-based services during the 2010-2013 timeframe, with expenditures growing by $3.9 million (12%).

  • The “Code of Professional Responsibility” as adopted by the Indiana Supreme Court shall be the Code of Professional Ethics of this Association.

  • Property tax levy revenue is recognized when it is measurable and available to finance expenditures of the fiscal period.

  • Property tax levy per $1,000 of assessed value was calculated using the 2011 total assessed value for Clark and Floyd Counties, as well as all sub-county budget units within those counties, divided by the total property tax levy in the same jurisdictions and budget year.

  • Note: Property tax levy and property taxes for local governments are not set to “make a profit” as in the private sector.

  • Property tax levy allocated to individual departments is not included in this definition.


More Definitions of Property tax levy

Property tax levy means the mill rate of the municipality multiplied by the net taxable grand list of the municipality.
Property tax levy means the total annual municipal appropriations, excluding assessments properly issued by a county of which the municipality is a member and amounts governed by and appropriated in accordance with Title 20‑A, chapter 606‑B, and amounts appropriated to pay assessments properly issued by a school administrative unit or tuition for students or amounts attributable to a tax increment financing district agreement or similar special tax district, reduced
Property tax levy means the total annual municipal appropriations, excluding assessments properly issued by a county of which the municipality is a member and amounts governed by and appropriated in accordance with Title 20-A, chapter 606-B, and amounts appropriated to pay assessments properly issued by a school administrative unit or tuition for students or amounts attributable to a tax increment financing district agreement or similar special tax district, reduced by all resources available to fund those appropriations other than the property tax and by an appropriation subject to a waiver of the property tax levy under subsection 9-A.
Property tax levy means the mill rate of the municipality
Property tax levy means the total annual municipal appropriations, excluding assessments properly issued by a county of which the municipality is a member and amounts governed by and appropriated in accordance with Title 20-A, chapter 606-B, appropriated as the local

Related to Property tax levy

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • Parcel means an identifiable unit of land that is treated as separate for valuation or zoning purposes.