Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2017

Revenue and Taxation Code

Property Taxation

Part 3. Equalization

Chapter 3. The Equalized County Assessment Roll

Section 2052

2052. Last equalized roll. The local roll as delivered to the auditor pursuant to Section 617, including any changes made by the county board during the month of July, together with the board roll as transmitted to the auditor pursuant to Section 756 and the estimate with any changes transmitted pursuant to Section 755, shall become the last equalized roll on August 20, and such rolls together shall continue to be the last equalized roll, except as otherwise provided in this chapter, (a) for the purpose of computing any debt limit for the issuance of bonds of any public entity that is based on a percentage of assessed valuation as shown on the last equalized assessment roll and (b) for all other purposes, until the assessment roll for the following year becomes the last equalized roll in accordance with the provisions of this section.

History.—Added by Stats. 1965, p. 1189, in effect September 17, 1965. Stats. 1968, p. 888, in effect June 28, 1968, completely revised this section. Stats. 1974, Ch. 312, p. 626, in effect January 1, 1975, substituted "August 20" for "the first Tuesday after the third Monday in August". Stats. 1977, Ch. 246, in effect January 1, 1978, substituted "and the estimate with any changes transmitted pursuant to Section 755" for "or the confirmed or charged estimate transmitted pursuant to Section 759". Stats. 1983, Ch. 1281, in effect September 30, 1983, deleted "1753 or" before "617," in the first sentence.

Last equalized assessment roll.—The proper base roll to be used when dividing property tax revenues between taxing agencies and a redevelopment agency is the assessment roll prepared annually and which becomes the last equalized roll on August 20, not the adjusted assessment roll made later in the tax year as the result of assessment appeals board decisions and after a redevelopment plan ordinance had been adopted. Redevelopment Agency v. Los Angeles County, 75 Cal.App.4th 68.