California Government Code

§ 56811

GOV § 56811 Effective Jan 1, 2008Div. 3 · Title 5 · Part 3 · Ch. 4 · Art. 2

Statute text

(a)If a proposal includes the formation of a new special district, the commission shall determine the appropriations limit of the district in accordance with Section 7902.7 and Article XIIIB of the California Constitution. The commission shall determine the provisional appropriations limit of the district in the following manner:

(1)Estimate the amount of revenue anticipated to be received by the district from the proceeds of taxes for the first full fiscal year of operation.

(2)Adjust the amount determined in paragraph (1) for the estimated change in the cost of living and population in the next full fiscal year of operation and any other changes that may be required or permitted by Article XIIIB of the California Constitution.

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Legislative history

Amended by Stats. 2007, Ch. 244, Sec. 9. Effective January 1, 2008.