Taxable assessed value definition

Taxable assessed value means the assessment value used in setting the City’s real property tax rates under sections 373 and 374 of the Vancouver Charter;
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Taxable assessed value means total assessed value minus all exemptions other than the homeowners’ and business inventory exemptions.
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Taxable assessed value means the current years’ assessment value supplied by the Municipal Property Assessment Corporation “MPAC”;
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Examples of Taxable assessed value in a sentence

  • Taxable assessed value represents the appraisal value less applicable exemptions authorized by the City Council.

  • Date of final completion and filing of assessment roll (a) Total (b) Exempt amount (c) Taxable assessed value (3a-3b) 4.

  • Taxable assessed value is estimated based on development cost, with affordable rental housing exempted from property taxes if serving households who earn no more than 80% of AMI .

  • Tax rates are often expressed in mills per dollarExample:Tax = 3,000 Taxable assessed value = 100,000Mill rate = 3,000/100,000 = 0.03 of a dollar per dollar of taxable assessed valueMunicipal Assessment Report (MAR)– was previously called the Assessor’s Final Report (AFR).

  • Taxable assessed value only includes land and building improvement values.

  • Date of final completion and filing of assessment roll (a) Total(b) Exempt amount(c) Taxable assessed value (3a-3b) 4.

  • Tax rates are often expressed in mills per dollarExample:Tax = 3,000 Taxable assessed value = 100,000Mill rate = 3,000/100,000 = 0 .03 of a dollar per dollar of taxable assessed valueMunicipal Assessment Report (MAR)– was previously called the Assessor’s Final Report (AFR) .

  • Taxable assessed value will have depreciated to 30% of its purchase value once the abatements expire at the end of 10 years.

  • The Adopted budget is based on these key resources assumptions: Levying the maximum rate for both the permanent and Local Option Levies. Taxable assessed value will increase 3.5% per year over the 2018 assessed value. Landfill Surcharge receipts will continue to increase from both a tonnage and larger than historical annual CPI adjustments.

  • Tax rates are often expressed in mills per dollar Example: Tax = $3,000 Taxable assessed value = $100,000Mill rate = 3,000/100,000 = 0 .03 of a dollar per dollar of taxable assessed value43.


More Definitions of Taxable assessed value

Taxable assessed value means the value of property that is
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Taxable assessed value means, for any Tax Parcel, the assessed value for property-tax purposes as determined by the Palm Beach County Property Appraiser or, if applicable, the Value Adjustment Board or the Fifteenth Judicial Circuit.
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Related to Taxable assessed value

  • Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.

  • Base taxable value means the agreed value specified in a resolution or interlocal agreement under Subsection 17C-1-102(8) from which tax increment will be collected.

  • Equalized assessed value means the assessed value of a property divided by the current average ratio of assessed to true value for the municipality in which the property is situated, as determined in accordance with sections 1, 5, and 6 of P.L.1973, c.123 (C.54:1-35a through C.54:1-35c).

  • Increased Assessed Value means, for each Fiscal Year during the term of this Agreement, the amount by which the Current Assessed Value for such year exceeds the Original Assessed Value. If the Current Assessed Value is less than or equal to the Original Assessed Value in any given Tax Year, there is no Increased Assessed Value in that year.

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Taxable value shall have the meaning assigned to such term in Section 1.04(10) of the TEXAS TAX CODE.

  • Assessed value means 1 of the following:

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • Consolidated Group Pro Rata Share means, with respect to any Investment Affiliate, the percentage of the total equity ownership interests held by the Consolidated Group in the aggregate, in such Investment Affiliate determined by calculating the greater of (i) the percentage of the issued and outstanding stock, partnership interests or membership interests in such Investment Affiliate held by the Consolidated Group in the aggregate and (ii) the percentage of the total book value of such Investment Affiliate that would be received by the Consolidated Group in the aggregate, upon liquidation of such Investment Affiliate, after repayment in full of all Indebtedness of such Investment Affiliate.

  • Taxable Wage Base means, with respect to any Plan Year, the contribution and benefit base under Section 230 of the Social Security Act at the beginning of such Plan Year.

  • Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.

  • Consolidated Income Tax Expense means, with respect to any Person for any period, the provision for federal, state, local and foreign income taxes of such Person and its Restricted Subsidiaries for such period as determined on a consolidated basis in accordance with GAAP.

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

  • After-Tax Contributions means amounts withheld from an Employee's Compensation pursuant to a Salary Reduction Agreement after all applicable state and federal taxes have been deducted. Such amounts are withheld for purposes of purchasing one or more of the Benefit Package Options available under the Plan.

  • Consolidated Return means a Tax Return filed with respect to Federal Income Taxes for the Consolidated Group.

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • Income Tax Expense means for Borrower and its Subsidiaries, on a consolidated basis for any period, all state and federal income taxes (including without limitation Texas franchise taxes) paid or due to be paid during such period.

  • Taxable Period means any taxable year or any other period that is treated as a taxable year with respect to which any Tax may be imposed under any applicable statute, rule or regulation.

  • Straddle Tax Period means a Tax period that begins on or before the Closing Date and ends after the Closing Date.

  • Net Taxable Income has the meaning set forth in Section 4.01(b)(i).

  • Assessed Valuation means the valuation derived by applying the

  • County-adjusted property tax base per square mile means the county-adjusted property tax base divided by the number of square miles of land area in the county.

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the Hypothetical Federal Tax Liability for such Taxable Year, plus the Hypothetical Other Tax Liability for such Taxable Year.

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Adjusted Asset Value means, as of a given date, the sum of EBITDA attributable to malls, power centers and all other assets for the trailing four (4) quarters most recently ended, divided by (iii) 7.75%. In determining Adjusted Asset Value: