Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2015
Other Code Provisions
Health and Safety Code
DIVISION 24. COMMUNITY REDEVELOPMENT AND HOUSING
PART 1. COMMUNITY REDEVELOPMENT LAW
Chapter 6. Financial Provisions
Article 6. Taxation*
33670.5. Allocation between agencies. Section 33670 fulfills the intent of Section 16 of Article XVI of the Constitution. To further carry out the intent of Section 16 of Article XVI of the Constitution, whenever that provision requires the allocation of money between agencies such allocation shall be consistent with the intent of the people when they approved Section 16 of Article XVI of the Constitution. Whenever money is allocated between agencies by means of a comparison of assessed values for different years, that comparison shall be based on the same assessment ratio. When there are different assessment ratios for the years compared, the assessed value shall be changed so that it is based on the same assessment ratio for the years so compared.
History.—Added by Stats. 1978, Ch. 1207, in effect January 1, 1979, operative January 1, 1981.
* Repealed and added by Stats. 1963, p. 3677, in effect September 20, 1963. Had the effect of renumbering the article and sections and repealed former Section 33954 relating to the operative date of the former article.