Ad Valorem Taxes
A tax based on the assessed value of an item, such as real estate or personal property.
bond-basics
Tax Increment Financing (“TIF”) Bonds
Bonds are special obligations secured by incremental increases in Tax revenues paid by users of developed property or by general increases in taxable values within a designated tax increment area. The Taxes involved are usually Ad Valorem Property Tax, although some states may permit the use of sales taxes or hotel occupancy taxes. State laws specify the mechanism and process for the implementation of Tax Increment Financing.
All the Bonds
Learn more about the various types of municipal obligations you may encounter.
See Also
Start with the Bond Basics
Hundreds of Terms and Concepts
501(c)(3) Organization
An organization that is exempt from federal income taxation under Section 501(a) of the Code.