Terms Used In Utah Code > Title 63H > Chapter 1 > Part 7 - Authority Budget and Reports

• Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
• Authority: means the Military Installation Development Authority, created under Section 63H-1-201. See Utah Code 63H-1-102
• Board: means the governing body of the authority created under Section 63H-1-301. See Utah Code 63H-1-102
• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
• Municipal services revenue: means revenue that the authority:

  (a)	collects from the authority's: (i)  levy of a municipal energy tax; (ii)  levy of a MIDA energy tax; (iii)  levy of a telecommunications tax; (iv)  imposition of a transient room tax; and (v)  imposition of a resort communities tax;

  (b)	receives under Subsection 59-12-205(2)(a)(ii)(B); and

  (c)

  receives as dedicated tax collections. See Utah Code 63H-1-102 Project area: means the land, including military land, whether consisting of a single contiguous area or multiple noncontiguous areas, described in a project area plan or draft project area plan, where the development project set forth in the project area plan or draft project area plan takes place or is proposed to take place. See Utah Code 63H-1-102 Property: includes both real and personal property. See Utah Code 68-3-12.5 Property tax: includes a privilege tax imposed under Title 59, Chapter 4, Privilege Tax, except as described in Subsection (20)(b), and each levy on an ad valorem basis on tangible or intangible personal or real property. See Utah Code 63H-1-102 Property tax allocation: means the difference between: (a)  the amount of property tax revenues generated each tax year by all taxing entities from the area within a project area designated in the project area plan as the area from which the property tax allocation is to be collected, using the current assessed value of the property; and (b)  the amount of property tax revenues that would be generated from that same area using the base taxable value of the property. See Utah Code 63H-1-102 State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5