State Tax Supported Debt definition

State Tax Supported Debt means bonds, notes or other obligations issued under Article X, Section
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State Tax Supported Debt means bonds, notes, or other obligations issued under Article X, Section 9(a), 9(b), 9(c), or 9(d), if the debt service payments are made or ultimately are to be made from general government funds, as defined in the December 20, 2004, Report to the Governor and General Assembly of the Debt Capacity Advisory Committee or as that definition is amended from time to time.
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State Tax Supported Debt means bonds, notes or other obligations issued under Article X, Section 9(a), 9(b), or 9(c), or 9(d), if the debt service payments are made or ultimately are to be made from general government funds, as defined in the December 20, 2004 Report to the Governor and General Assembly of the Debt Capacity Advisory Committee or as that definition is amended from time to time.
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Examples of State Tax Supported Debt in a sentence

  • Further, for any property that was acquired or constructed with funding from a general fund appropriation of the General Assembly or from proceeds from State Tax Supported Debt, general laws applicable to State owned property shall apply.

  • This Policy applies to the planning and budget development for capital projects, capital project authorization, and the implementation of capital projects, whether funded by a general fund appropriation of the General Assembly, proceeds from State Tax Supported Debt, or funding from other sources.

  • Major Capital Projects that are to be funded entirely or in part by a general fund appropriation of the General Assembly or proceeds from State Tax Supported Debt shall follow the Commonwealth’s requirements for capital plans.

  • Major Capital Projects that are to be funded entirely or in part by a general fund appropriation of the General Assembly or proceeds from State Tax Supported Debt, shall require both Board of Visitors approval and those pre- appropriation approvals of the State’s governmental agencies then applicable, and shall follow the State’s process for capital budget requests.

  • Disposition of land or buildings, the acquisition or construction of which was funded entirely or in part by a general fund appropriation of the General Assembly or proceeds from State Tax Supported Debt, shall require both Board of Visitors approval and other approvals in accordance with general law applicable to State-owned property and with the University’s Enabling Legislation.

  • In general, status as a Covered Institution is designed to replace the post-authorization system of reviews, approvals, policies and procedures carried out by a variety of central State agencies, and also the traditional pre-authorization approval process for projects funded entirely with non-general funds and without any proceeds from State Tax Supported Debt.

  • All such debt or financial products issued pursuant to the provisions of §§ 23.38-107 and 23.38-108 of the Act shall be authorized by resolution of the Board, providing that they do not constitute State Tax Supported Debt.

  • In general, status as a Covered Institution is designed to replace the post-authorization system of reviews, approvals, policies and procedures carried out by a variety of central State agencies, and also the traditional pre- authorization approval process for projects funded entirely with non-general funds and without any proceeds from State Tax Supported Debt.

  • In addition to complying with any internal reporting systems contained in the University’s project management systems, as described in Section XIII above, the University shall comply with State reporting requirements for those Major Capital Projects funded entirely or in part by a general fund appropriation by the General Assembly or State Tax Supported Debt.

  • In addition to complying with any internal reporting systems contained in the College’s project management systems, as described in Section XIII above, the College shall comply with State reporting requirements for those Major Capital Projects funded entirely or in part by a general fund appropriation by the General Assembly or State Tax Supported Debt.


More Definitions of State Tax Supported Debt

State Tax Supported Debt means bonds, notes or other obligations issued under Article X, Section 1907 9(a), 9(b), or 9(c), or 9(d), if the debit service payments are made or ultimately are to be made from 1908 general government funds, as defined in the December 20, 2004 Report to the Governor and General 1909 Assembly of the Debt Capacity Advisory Committee or as that definition is amended from time to time. 1910 III. SCOPE OF POLICY. 1911 This Policy applies to the planning and budget development for capital projects, capital project 1912 authorization, and the implementation of capital projects, whether funded by a general fund 1913 appropriation of the General Assembly, proceeds from State Tax Supported Debt, or funding from other 1914 sources. 1915 This Policy provides guidance for 1) the process for developing one or more capital project programs 1916 for the College, 2) authorization of new capital projects, 3) procurement of Capital Professional Services 1917 and construction services, 4) design reviews and code approvals for capital projects, 5) environmental 1918 impact requirements, 6) building demolitions, 7) building and land acquisitions, 8) building and land 1919 dispositions, 9) project management systems, and 10) reporting requirements. 1920 IV. BOARD OF VISITORS ACCOUNTABILITY AND DELEGATION OF AUTHORITY. 1921 The Board of Visitors of the College shall at all times be fully and ultimately accountable for the 1922 proper fulfillment of the duties and responsibilities set forth in, and for the appropriate implementation 1923 of, this Policy. Consistent with this full and ultimate accountability, however, the Board may, pursuant 1924 to its legally permissible procedures, specifically delegate either herein or by separate Board resolution 1925 the duties and responsibilities set forth in this Policy to a person or persons within the College, who, 1926 while continuing to be fully accountable for such duties and responsibilities, may further delegate the 1927 implementation of those duties and responsibilities pursuant to the College's usual delegation policies 1928 and procedures. 1929 V. CAPITAL PROGRAM. 1930 The President shall adopt a system for developing one or more capital project programs that defines 1931 or define the capital needs of the College for a given period of time consistent with the College's 1932 published Master Plan. This process may or may not mirror the Commonwealth's requirements for 1933 capital plans. The Board of Visitors shall approve th...
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State Tax Supported Debt means bonds, notes, or other obligations issued under Article X, Section 9 (a), 9 (b), 9 (c), or 9 (d) of the Constitution of Virginia, if the debt service payments are made or ultimately are to be made from general government funds, as defined in the December 18, 2019, Report to the Governor and General Assembly of the Debt Capacity Advisory Committee or as that definition is amended from time to time.
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State Tax Supported Debt means bonds, notes, or other obligations issued under Article X, Section 1702 9(a), 9(b), 9(c), or 9(d), if the debt service payments are made or ultimately are to be made from 1703 general government funds, as defined in the December 20, 2004 Report to the Governor and General 1704 Assembly of the Debt Capacity Advisory Committee or as that definition is amended from time to time. 1705 § 1. Capital program. The Institution shall adopt a system for developing one or more capital 1706 project programs that defines or define the capital needs of the Institution for a given period of time 1707 consistent with its published Master Plan. This process may or may not mirror the Commonwealth's 1708 requirements for capital plans. The Board of Visitors shall approve the program for Major Capital 1709 Projects. Major Capital Projects that are to be funded entirely or in part by a general fund 1710 appropriation or proceeds from State Tax Supported Debt shall follow the Commonwealth's 1711 requirements for capital plans. The Board may approve amendments to the program for Major Capital 1712 Projects annually or more often if circumstances warrant. Each capital project program shall meet the 1713 Institution's mission and institutional objectives, and shall be appropriately authorized by the Institution, 1714 be of a size and scope to provide for the defined program needs, be designed in accordance with all 1715 applicable building codes and handicapped accessibility standards as well as the Institution's design 1716 guidelines and standards, and be costed to reflect current costs and escalated to the mid-point of 1717 anticipated construction.
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Related to State Tax Supported Debt

  • State tax means the tax levied under this Act;

  • Rollback tax rate means the rate that will produce last year’s maintenance and operation tax levy (adjusted) from this year’s values (adjusted) multiplied by 1.08 plus a rate that will produce this year’s debt service from this year’s values (unadjusted) divided by the anticipated tax collection rate.

  • Available Tax Increment means the Gross Tax Increment received by the City from Hennepin County during the period preceding each semi-annual Payment Date, less (i) the amount of tax increment, if any, which the City must pay to the school district, the county and the state pursuant to Minnesota Statutes, Sections 469.177, Subds. 9 and 11; 469.176, Subd. 4h; and 469.175, Subd. 1a, as the same may be amended from time to time, (ii) actual administrative costs of the City in an amount not to exceed 10% of Gross Tax Increment.

  • Real Estate Taxes means the ad valorem real estate taxes levied against the Property (and the improvements and fixtures located thereon), betterment assessments, special benefit taxes and special assessments levied or imposed against the Property, taxes levied or assessed on gross rentals payable by Tenant to the extent charged, assessed or imposed upon tenants in general which are based upon the rents payable under this Lease, any impact fees levied or assessed, whether or not billed by the taxing authority as a special benefit tax or a special assessment, all taxes levied or assessed on the Property that are in addition to or in lieu of taxes that are currently so assessed, and penalties and interest related to Real Estate Taxes if the applicable Real Estate Tax bills have been forwarded to Tenant in a timely manner; provided, however, that Real Estate Taxes shall not include any Excluded Taxes. “Excluded Taxes” shall mean, without limitation, Landlord’s income taxes, gift taxes, excess profit taxes, excise taxes, franchise taxes, estate, succession, inheritance and realty transfer taxes resulting from the transfer of any direct or indirect interest in the Property by Landlord unless such taxes replace Real Estate Taxes in the future (except as expressly set forth in the last sentence of this Section 4(a)), and any interest or penalty charges resulting solely from Landlord’s failure to promptly deliver the Real Estate Tax bills to Tenant if the applicable taxing authority has forwarded the tax xxxx to Landlord rather than Tenant. All special benefit taxes and special assessments shall be amortized over the longest time permitted under ordinance and Tenant’s liability for installments of such special benefit taxes and special assessments not yet due shall be paid in full prior to the expiration or termination of this Lease; provided, that the useful life of any such improvements do not extend beyond the expiration of the Term. Tenant shall also pay, directly to the applicable Governmental Authority (as hereinafter defined), any storm water charges, fees and taxes and use and occupancy tax in connection with the Property or any improvements thereon (or in the event Landlord is required by law to collect such tax, Tenant shall pay such use and occupancy tax to Landlord as Rent within thirty (30) days of written demand and Landlord shall remit any amounts so paid to Landlord to the appropriate Governmental Authority in a timely fashion) and deliver evidence of such payment to Tenant within ten (10) days of making such payment or within ten (10) days of receipt of Tenant’s request for such evidence of payment.

  • Consolidated Income Tax Expense means, for any period, all provisions for taxes based on the gross or net income of Borrower (including, without limitation, any additions to such taxes, and any penalties and interest with respect thereto), and all franchise taxes of Borrower, as determined on a Consolidated basis and in accordance with GAAP.

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • Effective tax rate means the rate that will produce last year’s total tax levy (adjusted) from this year’s total taxable values (adjusted). “Adjusted” means lost values are not included in the calculation of last year’s taxes and new values are not included in this year’s taxable values.

  • 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

  • Post-Closing Tax Period means any taxable period that begins after the Closing Date and, in the case of a Straddle Period, the portion of the Straddle Period beginning after the Closing Date.

  • Extra Expense means expense or cost incurred (1) to continue the conduct of the Assured’s business,

  • Income Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Income Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Bad Debt means amounts lawfully billed to a Subscriber and owed by the Subscriber for Cable Service and accrued as revenues on the books of Grantee, but not collected after reasonable efforts have been made by Grantee to collect the charges.