California Law (Last Updated: March 4, 2014) |
Public Utilities Code - PUC |
Division 10. TRANSIT DISTRICTS |
Part 14. SACRAMENTO REGIONAL TRANSIT DISTRICT |
Chapter 5. Powers and Functions of District |
ARTICLE 7. Property Taxation |
Section 102339.
Latest version.
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The board shall, on or before the first day of September, fix the rate or rates of taxes, designating the number of cents upon each one hundred dollars ($100), and use as a basis the value of property transmitted to the board by the county auditor, which rate of taxation shall be sufficient to raise the amount previously fixed by the board.
(Added by Stats. 1971, Ch. 1374.)