Phrases with «tax increment»

The phrase "tax increment" refers to the additional amount of tax revenue generated from an increase in property value or economic growth in a specific area. It represents the difference between the old or base tax amount and the new higher tax amount. This extra tax revenue can be used to fund public projects or improvements in that particular area. Full definition

tax increment

Related phrases

tax increment financing

Sentences with «tax increment»

Related Practice Areas: Administrative Law Agriculture Aviation Law Banking and Finance Tax Increment Financing (attorneys.lawinfo.com)
Construction on a 3 - acre skate park in Grant Park begins this week as city lawmakers consider granting the project $ 2.5 million in tax increment financing assistance. (articles.chicagotribune.com)
The challenge for the University District Development Authority (a not - for - profit quasi-governmental entity responsible for administration of tax increment financing in the University District) has been to quantify the «demand» for housing which in turn would drive development of other kinds. (nar.realtor)
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Phrases with «tax increment»

Related phrases

Sentences with «tax increment»

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