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California Revenue and Taxation Code

§ 2132

RTC § 2132Div. 1 · Part 3.5

Statute text

View on leginfo.ca.gov
(a)If a resolution has been adopted pursuant to Section 2131, the board of directors shall:
(1)Determine the total amount of revenue required by the district which will be derived from an ad valorem tax or ad valorem assessment on property on the secured roll.
(2)Divide the amount determined pursuant to paragraph (1) among the counties in which the district is situated in the proportions that the estimated full values of taxable property on the secured roll within the district in the respective counties bear to the estimated total full value of such property within the district.
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Legislative history

Amended by Stats. 1984, Ch. 678, Sec. 37.

Source: California Revenue and Taxation Code § 2132 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.