Examples of Annual Escalation Factor in a sentence
On each July 1 following its indicated “base year”, the Maximum Special Tax for Taxable Property for a Tax Rate Area shall be increased in accordance with the Annual Escalation Factor.
To the extent an amendment inadvertently increases the Maximum Special Tax Rate(s) applicable to a Parcel, the Maximum Special Tax Rate(s) (adjusted by any associated Annual Escalation Factor) consented to by the owners of that Parcel at the time the Parcel was annexed to the CFD (or the voter-approved Maximum Special Tax Rate(s)) shall apply to that Parcel.
Beginning in January 2023 and each January thereafter, the Maximum Special Tax shall be adjusted each fiscal year by Annual Escalation Factor.
He also learned that electric power companies have money for energy-savings projects that are greater than what is required by building codes.
Further, the following paragraphs give the justification for Annual Escalation Factor and Normalization Technique proposed by Tata Power in the line with the methodology adopted by the Hon'ble Commission in the last MYT Order dated 31.05.2012 followed by the details of various components of O&M Expenses proposed for the Control Period FY 2016-17 to 2020-21.