Sentence examples for official valuations from inspiring English sources
The department said official valuations were based on past deals for similar premises on the site's existing use and did not equate to the true market value.
The committee chair, Labour's Meg Hillier, accused the department of wasting taxpayers' money in its rush to pursue the government's free school policy, often paying well in excess of official valuations for the sites.
And that leads to a third problem – a major complaint of leaseholders on recent regeneration schemes has been the low official valuations of their homes, a factor that has led to widespread protests and forced many owners to move miles from their estates, breaking up longstanding communities.
Official valuation of land required for the construction of the Manila-Dagupan Railway.
"The department is in a weak negotiating position and commonly pays well in excess of the official valuation.
At the same time, however, the value of their properties has been going up by about 40% since 1995, its last official valuation, in Debenhams's case.
In Italy, tax avoidance is endemic so the official valuation given can be as low as 50% of the purchase price.
In its statement Tuesday, Petrobras said the official valuation of the assets by Brazil's National Petroleum Agency would not be ready until August and cited the timeline as its reason for delaying the rights issue.
But under the gold standard he had another option; i.e., he had a legal right to obtain gold from the authorities in exchange for paper currency at the established par value of that currency and remit the gold to the other country, where he would have a legal right to obtain its currency in exchange for bars of gold at the official valuation.
To reflect the near doubling of the official valuation of the town as a whole -- to about $19.5 billion -- the tax rate is being cut almost in half, meaning no immediate impact on the tax bills for two-thirds of the homeowners.
share marketplace Equidate estimates its total valuation at $1 billion, though Essential itself isn't disclosing any official valuation figures.
