State Codes and Statutes

Statutes > California > Puc > 101265-101274

PUBLIC UTILITIES CODE
SECTION 101265-101274



101265.  (a) The district may cause to be levied and collected taxes
for any lawful purpose, subject to a maximum limit of fifteen cents
($0.15) per one hundred dollars ($100) of assessed valuation.
   (b) The maximum limit may be increased to twenty-five cents
($0.25) per one hundred dollars ($100) of assessed valuation, if
approval is first obtained from the city council of each city lying
entirely within the boundaries of the district and the board of
supervisors.
   (c) The maximum limit may be increased above the maximum limits as
specified in subdivisions (a) and (b), if such a maximum limit is
first approved by the majority of the voters voting at any general or
special election on the proposition establishing such a maximum
limit.



101266.  If, in the opinion of the board, the transit operation
revenues will not be sufficient to pay for any and all lawful
purposes of the district, the board shall fix the amount of money
necessary to be raised by taxation for any such purpose or purposes
and shall cause a tax to be levied therefor.
   Any tax so levied shall be subject to the limitations prescribed
by Sections 101265 and 101267.



101267.  The board shall, in addition to the general tax levy as set
forth in Section 101265, levy and collect annually until the
district's bonds are paid, or until there is a sum in the treasury of
the district set apart for that purpose to meet all sums coming due
for principal and interest on the bonds as they become due, a tax
sufficient to pay the annual interest on the bonds and such part of
the principal thereof as becomes due before the proceeds of a tax
levied at the next general tax levy will be available. If the
maturity of the indebtedness created by the issue of bonds begins
more than one year after the date of the issuance thereof, the tax
shall be levied and collected annually at the time and in the manner
aforesaid, sufficient to pay the interest on the indebtedness as it
falls due and to constitute a sinking fund for the payment of the
principal on or before maturity.



101268.  On or before the second Monday in August of each year, the
county auditor shall transmit to the board a statement in writing
showing the total value of all property within the district referred
to in Section 101270.


101269.  On or before the last Friday in July of each year, the
board shall file with the board of supervisors and with the county
auditor a statement in writing which shall contain the following:
   (a) An estimate of the amount of money required to be raised by
taxation during the fiscal year for the payment of the principal and
interest on any bonded indebtedness of the district.
   (b) An estimate of the amount of money required to be raised by
taxation during the fiscal year for all other purposes of the
district.
   The statement shall be predicated upon the budget adopted pursuant
to the provisions of Article 5 (commencing with Section 101250) of
Chapter 6 of this part.



101270.  Annually at the time of levying county taxes, the board of
supervisors shall levy a tax upon all the taxable real and personal
property within the district. Subject to the maximum limits
prescribed by Section 101265, the rate shall be such as will produce,
after due allowance for delinquency and cost of collection, the
amounts determined by the board of directors as necessary to be
raised by taxation and as set forth in the statement required by
Section 101269. The tax rate so levied shall apply to all the taxable
real and personal property within the district as they appear on the
assessment roll of the county.


101271.  The taxes so levied shall be collected at the same time and
in the same manner as county taxes and, when collected, shall be
paid into the county treasury for the use of the district, or to the
treasurer of the district, as the case may be.



101272.  The performance of the acts provided for by this chapter
shall constitute a valid assessment of the property within the
district and a valid levy of the taxes so fixed.



101273.  All taxes levied under this part are a lien on the property
on which they are levied and shall become a lien at the same time as
county taxes. The enforcement of the collection of such taxes shall
be in the same manner and by the same means provided by law for the
enforcement of liens for county taxes, and all of the provisions of
law relating to the enforcement of the latter are made a part of this
part by specific reference so far as applicable.



101274.  Whenever any real property has been sold for taxes and has
been redeemed, the money paid for redemption shall be apportioned and
paid to the district treasurer, or deposited in the county treasury
for the use of the district, as the case may be, in the proportion
which the tax due to the district bears to the total tax for which
the property was sold.

State Codes and Statutes

Statutes > California > Puc > 101265-101274

PUBLIC UTILITIES CODE
SECTION 101265-101274



101265.  (a) The district may cause to be levied and collected taxes
for any lawful purpose, subject to a maximum limit of fifteen cents
($0.15) per one hundred dollars ($100) of assessed valuation.
   (b) The maximum limit may be increased to twenty-five cents
($0.25) per one hundred dollars ($100) of assessed valuation, if
approval is first obtained from the city council of each city lying
entirely within the boundaries of the district and the board of
supervisors.
   (c) The maximum limit may be increased above the maximum limits as
specified in subdivisions (a) and (b), if such a maximum limit is
first approved by the majority of the voters voting at any general or
special election on the proposition establishing such a maximum
limit.



101266.  If, in the opinion of the board, the transit operation
revenues will not be sufficient to pay for any and all lawful
purposes of the district, the board shall fix the amount of money
necessary to be raised by taxation for any such purpose or purposes
and shall cause a tax to be levied therefor.
   Any tax so levied shall be subject to the limitations prescribed
by Sections 101265 and 101267.



101267.  The board shall, in addition to the general tax levy as set
forth in Section 101265, levy and collect annually until the
district's bonds are paid, or until there is a sum in the treasury of
the district set apart for that purpose to meet all sums coming due
for principal and interest on the bonds as they become due, a tax
sufficient to pay the annual interest on the bonds and such part of
the principal thereof as becomes due before the proceeds of a tax
levied at the next general tax levy will be available. If the
maturity of the indebtedness created by the issue of bonds begins
more than one year after the date of the issuance thereof, the tax
shall be levied and collected annually at the time and in the manner
aforesaid, sufficient to pay the interest on the indebtedness as it
falls due and to constitute a sinking fund for the payment of the
principal on or before maturity.



101268.  On or before the second Monday in August of each year, the
county auditor shall transmit to the board a statement in writing
showing the total value of all property within the district referred
to in Section 101270.


101269.  On or before the last Friday in July of each year, the
board shall file with the board of supervisors and with the county
auditor a statement in writing which shall contain the following:
   (a) An estimate of the amount of money required to be raised by
taxation during the fiscal year for the payment of the principal and
interest on any bonded indebtedness of the district.
   (b) An estimate of the amount of money required to be raised by
taxation during the fiscal year for all other purposes of the
district.
   The statement shall be predicated upon the budget adopted pursuant
to the provisions of Article 5 (commencing with Section 101250) of
Chapter 6 of this part.



101270.  Annually at the time of levying county taxes, the board of
supervisors shall levy a tax upon all the taxable real and personal
property within the district. Subject to the maximum limits
prescribed by Section 101265, the rate shall be such as will produce,
after due allowance for delinquency and cost of collection, the
amounts determined by the board of directors as necessary to be
raised by taxation and as set forth in the statement required by
Section 101269. The tax rate so levied shall apply to all the taxable
real and personal property within the district as they appear on the
assessment roll of the county.


101271.  The taxes so levied shall be collected at the same time and
in the same manner as county taxes and, when collected, shall be
paid into the county treasury for the use of the district, or to the
treasurer of the district, as the case may be.



101272.  The performance of the acts provided for by this chapter
shall constitute a valid assessment of the property within the
district and a valid levy of the taxes so fixed.



101273.  All taxes levied under this part are a lien on the property
on which they are levied and shall become a lien at the same time as
county taxes. The enforcement of the collection of such taxes shall
be in the same manner and by the same means provided by law for the
enforcement of liens for county taxes, and all of the provisions of
law relating to the enforcement of the latter are made a part of this
part by specific reference so far as applicable.



101274.  Whenever any real property has been sold for taxes and has
been redeemed, the money paid for redemption shall be apportioned and
paid to the district treasurer, or deposited in the county treasury
for the use of the district, as the case may be, in the proportion
which the tax due to the district bears to the total tax for which
the property was sold.


State Codes and Statutes

State Codes and Statutes

Statutes > California > Puc > 101265-101274

PUBLIC UTILITIES CODE
SECTION 101265-101274



101265.  (a) The district may cause to be levied and collected taxes
for any lawful purpose, subject to a maximum limit of fifteen cents
($0.15) per one hundred dollars ($100) of assessed valuation.
   (b) The maximum limit may be increased to twenty-five cents
($0.25) per one hundred dollars ($100) of assessed valuation, if
approval is first obtained from the city council of each city lying
entirely within the boundaries of the district and the board of
supervisors.
   (c) The maximum limit may be increased above the maximum limits as
specified in subdivisions (a) and (b), if such a maximum limit is
first approved by the majority of the voters voting at any general or
special election on the proposition establishing such a maximum
limit.



101266.  If, in the opinion of the board, the transit operation
revenues will not be sufficient to pay for any and all lawful
purposes of the district, the board shall fix the amount of money
necessary to be raised by taxation for any such purpose or purposes
and shall cause a tax to be levied therefor.
   Any tax so levied shall be subject to the limitations prescribed
by Sections 101265 and 101267.



101267.  The board shall, in addition to the general tax levy as set
forth in Section 101265, levy and collect annually until the
district's bonds are paid, or until there is a sum in the treasury of
the district set apart for that purpose to meet all sums coming due
for principal and interest on the bonds as they become due, a tax
sufficient to pay the annual interest on the bonds and such part of
the principal thereof as becomes due before the proceeds of a tax
levied at the next general tax levy will be available. If the
maturity of the indebtedness created by the issue of bonds begins
more than one year after the date of the issuance thereof, the tax
shall be levied and collected annually at the time and in the manner
aforesaid, sufficient to pay the interest on the indebtedness as it
falls due and to constitute a sinking fund for the payment of the
principal on or before maturity.



101268.  On or before the second Monday in August of each year, the
county auditor shall transmit to the board a statement in writing
showing the total value of all property within the district referred
to in Section 101270.


101269.  On or before the last Friday in July of each year, the
board shall file with the board of supervisors and with the county
auditor a statement in writing which shall contain the following:
   (a) An estimate of the amount of money required to be raised by
taxation during the fiscal year for the payment of the principal and
interest on any bonded indebtedness of the district.
   (b) An estimate of the amount of money required to be raised by
taxation during the fiscal year for all other purposes of the
district.
   The statement shall be predicated upon the budget adopted pursuant
to the provisions of Article 5 (commencing with Section 101250) of
Chapter 6 of this part.



101270.  Annually at the time of levying county taxes, the board of
supervisors shall levy a tax upon all the taxable real and personal
property within the district. Subject to the maximum limits
prescribed by Section 101265, the rate shall be such as will produce,
after due allowance for delinquency and cost of collection, the
amounts determined by the board of directors as necessary to be
raised by taxation and as set forth in the statement required by
Section 101269. The tax rate so levied shall apply to all the taxable
real and personal property within the district as they appear on the
assessment roll of the county.


101271.  The taxes so levied shall be collected at the same time and
in the same manner as county taxes and, when collected, shall be
paid into the county treasury for the use of the district, or to the
treasurer of the district, as the case may be.



101272.  The performance of the acts provided for by this chapter
shall constitute a valid assessment of the property within the
district and a valid levy of the taxes so fixed.



101273.  All taxes levied under this part are a lien on the property
on which they are levied and shall become a lien at the same time as
county taxes. The enforcement of the collection of such taxes shall
be in the same manner and by the same means provided by law for the
enforcement of liens for county taxes, and all of the provisions of
law relating to the enforcement of the latter are made a part of this
part by specific reference so far as applicable.



101274.  Whenever any real property has been sold for taxes and has
been redeemed, the money paid for redemption shall be apportioned and
paid to the district treasurer, or deposited in the county treasury
for the use of the district, as the case may be, in the proportion
which the tax due to the district bears to the total tax for which
the property was sold.