Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2011
 

Revenue and Taxation Code

Property Taxation

PART 3.5. DISTRICTS LOCATED IN MORE THAN ONE COUNTY: ALTERNATE METHOD OF COMPUTING LEVIES ON BASIS OF TENTATIVE FULL VALUES*

Section 2132

2132. Method of computing levies. (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.

(b) The estimated full value shall be determined by adding the figures for the several counties.

History.—Stats. 1984, Ch. 678, in effect January 1, 1985, deleted "(1) dividing the assessed value of property within the district on the secured roll in each county by the ratio published by the Board for such county under Section 1819; and (2)" after "by", and deleted "thus derived" after "figures" in subdivision (b).

* Part 3.5 was added by Stats. 1966, p. 591 (First Extra Session), in effect October 6, 1966.