§ 24-94. Tax increment base.  


Latest version.
  • The tax increment base for the zone which is the total appraised value of all taxable real property located in the zone, is to be determined as of January 1, 2002, the year in which the zone was designated a tax increment financing reinvestment zone; and the taxable real property added as a result of this amendment is to utilize the total appraised value determined as of January 1, 2003 as its tax increment base.

(Ord. No. 2152, § 6, 12-16-02; Ord. No. 2205, § 6, 10-6-03)