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Tax-allocation District
A tax-allocation district (TAD), also known as tax increment financing, is a defined area where real estate property tax monies gathered above a certain threshold for a certain period of time (typically 25 years) to be used for a specified improvement. The funds raised from a TAD are placed in a tax-free bond (finance) where the money can continue to grow. These improvements are typically for revitalization and especially to complete redevelopment efforts. Tax-increment financing has attracted much criticism as merely a subsidy to connected developers. California, where the practice began, has discontinued their use though it will be paying off debt on previous formed districts for years to come. Enactment of a TAD typically requires approval of all local governments who will be giving-up taxes, thus a project within a municipality will also require approval of the county's commission (or its local equivalent), and the board of the school district, in addition to the city coun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Increment Financing
Tax increment financing (TIF) is a public financing method that is used as a subsidy for redevelopment, infrastructure, and other community-improvement projects in many countries, including the United States. The original intent of a TIF program is to stimulate private investment in a blighted area that has been designated to be in need of economic revitalization. Similar or related value capture strategies are used around the world. Through the use of TIF, municipalities typically divert future property tax revenue increases from a defined area or district toward an economic development project or public improvement project in the community. TIF subsidies are not appropriated directly from a city's budget, but the city incurs loss through forgone tax revenue. The first TIF was used in California in 1952. By 2004, all U.S. states excepting Arizona had authorized the use of TIF. The first TIF in Canada was used in 2007. This model has been heavily criticized by Libertarian-Conservat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
School Board
A board of education, school committee or school board is the board of directors or board of trustees of a school, local school district or an equivalent institution. The elected council determines the educational policy in a small regional area, such as a city, county, state, or province. Frequently, a board of directors power with a larger institution, such as a higher government's department of education. The name of such board is also often used to refer to the school system under such board's control. The government department that administered education in the United Kingdom before the foundation of the Ministry of Education was formerly called the Board of Education A board of education, school committee or school board is the board of directors or board of trustees of a school, local school district or an equivalent institution. The elected council determines the educational policy in a small regional are .... See also * National Association of State Boards of Ed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Official Code Of Georgia Annotated
The Official Code of Georgia Annotated or OCGA is the compendium of all laws in the U.S. state of Georgia. Like other U.S. state codes, its legal interpretation is subject to the United States Constitution, the United States Code, the Code of Federal Regulations, and the state's constitution. It is to the state what the United States Code (U.S.C.) is to the federal government. An unusual feature of the OCGA is that, as stated in section 1-1-1, the privately prepared code annotations are officially merged into the official copy and are published under the authority of the state. The state held that it retained sole copyright in the code and that the authorized publisher held copyright to the annotations, though the laws of the state were the combination of the code and the annotations. Thus, the publisher would charge for reproductions of the OCGA, with a portion of the fee being returned to the state as a licensing fee. This longstanding feature goes back to the Code of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legislation
Legislation is the process or result of enrolled bill, enrolling, enactment of a bill, enacting, or promulgation, promulgating laws by a legislature, parliament, or analogous Government, governing body. Before an item of legislation becomes law it may be known as a bill (proposed law), bill, and may be broadly referred to as "legislation" while it remains under consideration to distinguish it from other business. Legislation can have many purposes: to regulate, to authorize, to outlaw, to provide (funds), to sanction, to grant, to declare, or to restrict. It may be contrasted with a non-legislative act by an Executive (government), executive or administrative body under the authority of a legislative act. Overview Legislation is usually proposed by a member of the legislature (e.g. a member of Congress or Parliament), or by the executive, whereupon it is debated by members of the legislature and is often amended before passage (legislature), passage. Most large legislatures enact ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Georgia (U
Georgia most commonly refers to: * Georgia (country), a country in the Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to the country in the Caucasus ** Kingdom of Georgia, a medieval kingdom ** Georgia within the Russian Empire ** Democratic Republic of Georgia, established following the Russian Revolution ** Georgian Soviet Socialist Republic, a constituent of the Soviet Union * Related to the US state ** Province of Georgia, one of the thirteen American colonies established by Great Britain in what became the United States ** Georgia in the American Civil War, the State of Georgia within the Confederate States of America. Other places * 359 Georgia, an asteroid * New Georgia, Solomon Islands * South Georgia and the South Sandwich Islands Canada * Georgia Street, in Vancouver, British Columbia, Canada * Strait of Georgia, British Columbia, Canada United K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Supervisors
A board of supervisors is a governmental body that oversees the operation of county government in the U.S. states of Arizona, California, Iowa, Mississippi, Virginia, and Wisconsin, as well as 16 counties in New York. There are equivalent agencies in other states. Similar to a city council, a board of supervisors has legislative, executive, and quasi-judicial powers. The important difference is that a county is an administrative division of a state, whereas a city is a municipal corporation; thus, counties implement and, as necessary, refine the local application of state law and public policy, while cities produce and implement their own local laws and public policy (subject to the overriding authority of state law). Often they are concerned with the provision of courts, jails, public health and public lands. Legislative powers Boards may pass and repeal laws, generally called ''ordinances''. Depending on the state, and the subject matter of the law, these laws may apply to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Township
A township is a kind of human settlement or administrative subdivision, with its meaning varying in different countries. Although the term is occasionally associated with an urban area, that tends to be an exception to the rule. In Australia, Canada, Scotland and parts of the United States, the term refers to settlements too small or scattered to be considered urban. Australia ''The Australian National Dictionary'' defines ''township'' as: "A site reserved for and laid out as a town; such a site at an early stage of its occupation and development; a small town". The term refers purely to the settlement; it does not refer to a unit of government. Townships are governed as part of a larger council (such as that of a shire, district or city) or authority. Canada In Canada, two kinds of township occur in common use. *In Eastern Canada, a township is one form of the subdivision of a county. In Canadian French, this is a . Townships are referred to as "lots" in Prince Edward ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Council
A municipal council is the legislative body of a municipality or local government area. Depending on the location and classification of the municipality it may be known as a city council, town council, town board, community council, rural council, village council, or board of aldermen. Australia Because of the differences in legislation between the states, the exact definition of a city council varies. However, it is generally only those local government areas which have been specifically granted city status (usually on a basis of population) that are entitled to refer to themselves as cities. The official title is "Corporation of the City of ______" or similar. Some of the urban areas of Australia are governed mostly by a single entity (see Brisbane and other Queensland cities), while others may be controlled by a multitude of much smaller city councils. Also, some significant urban areas can be under the jurisdiction of otherwise rural local governments. Periodic re-al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
School District
A school district is a special-purpose district that operates local public primary and secondary schools in various nations. North America United States In the U.S, most K–12 public schools function as units of local school districts, which usually operate several schools, and the largest urban and suburban districts operate hundreds of schools. While practice varies significantly by state (and in some cases, within a state), most American school districts operate as independent local governmental units under a grant of authority and within geographic limits created by state law. The executive and legislative power over locally controlled policies and operations of an independent school district are, in most cases, held by a school district's board of education. Depending on state law, members of a local board of education (often referred to informally as a school board) may be elected, appointed by a political office holder, serve ex officio, or a combination of any of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
County Commission
A county commission (or a board of county commissioners) is a group of elected officials (county commissioners) collectively charged with administering the county government in some states of the United States; such commissions usually comprise three to five members. In some counties within Georgia, however, a sole commissioner holds the authority of the commission. In parts of the United States, alternative terms such as County Board of Supervisors or County Council may be used in lieu of, but generally synonymous to, a County Commission. However, in some jurisdictions there may be distinct differences between a County Commission and other similarly titled bodies. For example, a County Council may differ from a County Commission by containing more members or by having a Council-Manager form of government. In Indiana, every county, except Marion, which is consolidated with Indianapolis, has both a County Commission and a County Council, with the County Commission having admi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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