| new growth |
This is the term used to describe the additional Proposition 2 ?tax revenue raising capacity which is permitted by reason of the new building construction which takes place within the Town.
Ãâó: www.hingham-ma.com/html/glossary_of_terms.html
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| new growth |
New growth refers to the additional tax revenue generated by new construction and property improvements during a calendar year. New growth is calculated by multiplying the assessed value of the new construction/renovations by the prior fiscal year
Ãâó: www.lwvharvard.org/lwvh_glossary.htm
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