Local Return definition

Local Return means funds returned to the cities within Los Angeles and Los Angeles
View Source
Local Return means 15% of the Measure R Sales Tax (net of refunds and the administrative fee of the CDTFA and net of the Authority’s administrative costs permitted under the Ordinance), calculated on an annual basis, which 15% is, under the Ordinance, allocated to local jurisdictions for street improvements and transit purposes.
View Source
Local Return means 15% of the Measure R Sales Tax (net of refunds and the administrative fee of the Board of Equalization and net of the Authority’s administrative costs permitted under the Ordinance), calculated on an annual basis, which 15% is, under the Ordinance, allocated to local jurisdictions for street improvements and transit purposes.
View Source

Examples of Local Return in a sentence

  • Corn shall furnish CPC at least thirty (30) days before the due date (excluding extensions) of any such CPC State or Local Return with a final copy of the information necessary for CPC to complete such CPC State or Local Return.

  • Each of the Monterey Companies whose tax information is included in any State and Local Return will evidence its agreement to be included in such return on the appropriate form and take such other action as may be appropriate, in the opinion of SFER, to carry out the purposes and intent of this Paragraph B of Section 3.

  • Funding is included in the First Supervisorial District's Transportation Improvement Program in the Proposition C Local Return Fund (CN9 – Services and Supplies) Fiscal Year 2023-24 Budget.

  • Both parties shall keep such ledgers, books of accounts, invoices, vouchers, canceled checks, reports, studies or other documents relating to this funds being transferred under this Agreement (the “books and records”), as shall be necessary to comply with the applicable reporting and records requirements under Proposition A Local Return Program Guidelines.

  • City shall transfer up to $380,000 (“Funds”) of its Fiscal Year 2018- 2019 Proposition A Local Return Funds to Long Beach Transit in one lump sum payment) for certain transit operational support services it will provide to the City (as allowed under Prop A) and, in return, shall construct and install certain future bus stop and shelter improvements within the City through alternate capital funding.

  • The commencement of service shall be conditioned upon approval of the service and funding from Proposition A Local Return Funds by the Los Angeles County Metropolitan Transportation Authority (MTA), such approval to be obtained by City.

  • The City of Calabasas is a recipient of Metro and Local Return funding for both capital and operating expenses.

  • Each of the Energy Companies whose tax information is included in any State and Local Return will evidence its agreement to be included in such return on the appropriate form and take such other action as may be appropriate, in the opinion of SFP, to carry out the purposes and intent of this paragraph B of Section 3.

  • The necessary funds are available in the First Supervisorial District's Proposition A Local Return Transit Program included in the Fiscal Year 2009-10 Transit Enterprise Fund Budget and will be included in subsequent fiscal years' budgets.

  • Funding for these services is included in various Public Works Fiscal Year 2023-24 Fund Budgets and will primarily be in the Road Fund (B03 – Services and Supplies), Measure M Local Return Fund (CN2 – Services and Supplies), Measure R Local Return Fund (CN5 – Services and Supplies), and Proposition C Local Return (CN9 – Services and Supplies) Budgets.

Related to Local Return

  • Nil Return has the meaning given to it in paragraph 3.3 of Framework Schedule 9 (Management Information);

  • annual return means the return required to be made in the case of a company having a share capital, under section 132 and in the case of a company not having a share capital, under section 133;

  • Total Return means the annual compounded rate of return for an investment fund for a period that would equate the initial value to the redeemable value at the end of the period, expressed as a percentage, and determined by applying the following formula:

  • Initial Return means the fair combined rate of return on common equity determined for such utility

  • Total Return Swap means a derivative (and a transaction within the scope of SFTR)