Examples of Tax increment revenues in a sentence
Tax increment revenues received pursuant to a tax increment financing plan established under sections 313 to 315.
Tax increment revenues include ad valorem property taxes and specific local taxes attributable to the application of the levy of the state pursuant to the state education tax act, 1993 PA 331, MCL 211.901 to 211.906, and local or intermediate school districts upon the captured assessed value of real and personal property in the development area in an amount equal to the amount necessary, without regard to subparagraph ( i), to repay eligible advances, eligible obligations, and other protected obligations.
Tax increment revenues — the amount of property taxes generated by the increase in total assessed values in the urban renewal area from the time the urban renewal area is first established — are used to repay borrowed funds.
Tax increment revenues include ad valorem property taxes and specific local taxes attributable to the application of the levy of all taxing jurisdictions other than the state pursuant to the state education tax act, 1993 PA 331, MCL 211.901 to 211.906, and local or intermediate school districts upon the captured assessed value of real and personal property in the development area for any purpose authorized by this part.