Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2012

Revenue and Taxation Code

Property Taxation

Part 8. Distribution

CHAPTER 1b. Unsecured Roll

Section 4655.2

4655.2. Distribution of taxes. Taxes shall be distributed to each fund on the basis of the tax rate established for the current unsecured roll and in the same proportion that the tax rate for each fund bears to the total tax rate applicable.

History.—Added by Stats. 1951, p. 1414, in effect September 22, 1951. Stats. 1953, p. 1424, in effect September 9, 1953, substituted "during the preceding assessment year" for "for the fiscal year in which the taxes became a lien and"; deleted "same" preceding "proportion"; deleted "for such year" at end. Stats. 1959, p. 2137, in effect September 18, 1959, deleted "for which they were levied" after "each fund," substituted "fiscal year" for "assessment year" and otherwise reworded the section. Stats. 1969, p. 219, operative July 1, 1970, substituted "current unsecured roll" for "fiscal year preceding that in which distribution is made".