Tax Revenue Increments Law and Legal Definition

Tax revenue increments means increase in tax revenue due to increase in property values. As property values in a redevelopment area increase, tax revenues also increase. These incremental increases are referred to as "tax revenue increments" or simply "tax increments." [Cmty. Redevelopment Agency v. County of L.A., 89 Cal. App. 4th 719, 721 (Cal. App. 2d Dist. 2001)].