Incremental value means a figure derived by multiplying the marginal value of the property located within a project area on which tax increment is collected by a number that represents the adjusted tax increment from that project area that is paid to the agency.
How do you find incremental value?
Follow these steps to calculate incremental revenue:
- Determine the number of units sold during a period of growth.
- Determine the price of each unit sold during a period of growth.
- Multiply the number of units by the price per unit.
- The result is incremental revenue.
Is the incremental value of the brand?
Incremental value is subjective. For example, some brands may define it by revenue considered valuable to the brand that is unique to the partner, including no other paid media such as search, email, social or display.
