11-9-19. Tax increment base defined.
36 words·~1 min read·
/sd/title-11/chapter-11-9/11-9-19·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For purposes of this chapter, the term, tax increment base, is the aggregate assessed value of all taxable property located within a district on the date the district is created, as determined by § 11-9-20 .