State Codes and Statutes

Statutes > California > Rtc > 36080

REVENUE AND TAXATION CODE
SECTION 36080



36080.  The total amount of money that may be contributed by the
county pursuant to this part shall not exceed in the aggregate amount
regardless of the period of time involved under any one of the
following alternatives: (1) the maximum amount that may be
contributed under Article 3 (commencing with Section 36020) of this
part, or (2) the total sum of three million nine hundred thousand
dollars ($3,900,000) to be paid in full from revenue derived pursuant
to the tax authoried by Article 4 (commencing with Section 36060) of
this part. If the revenue derived from either of such taxes is
insufficient for the purposes set forth in Section 36010, both of
such taxes shall be imposed at the maximum authorized rate prior to
the time an appropriation shall be authorized in the amount and in
the manner specified in Article 2 (commencing with Section 36010) of
this part. After the effective date of a special tax ordinance
adopted pursuant to this part, the county may advance sums to a rapid
transit district not to exceed the foregoing amounts, from any
county funds legally available for such purpose, in anticipation of
the receipt of tax moneys to be received by the county pursuant to
the special tax ordinance.


State Codes and Statutes

Statutes > California > Rtc > 36080

REVENUE AND TAXATION CODE
SECTION 36080



36080.  The total amount of money that may be contributed by the
county pursuant to this part shall not exceed in the aggregate amount
regardless of the period of time involved under any one of the
following alternatives: (1) the maximum amount that may be
contributed under Article 3 (commencing with Section 36020) of this
part, or (2) the total sum of three million nine hundred thousand
dollars ($3,900,000) to be paid in full from revenue derived pursuant
to the tax authoried by Article 4 (commencing with Section 36060) of
this part. If the revenue derived from either of such taxes is
insufficient for the purposes set forth in Section 36010, both of
such taxes shall be imposed at the maximum authorized rate prior to
the time an appropriation shall be authorized in the amount and in
the manner specified in Article 2 (commencing with Section 36010) of
this part. After the effective date of a special tax ordinance
adopted pursuant to this part, the county may advance sums to a rapid
transit district not to exceed the foregoing amounts, from any
county funds legally available for such purpose, in anticipation of
the receipt of tax moneys to be received by the county pursuant to
the special tax ordinance.



State Codes and Statutes

State Codes and Statutes

Statutes > California > Rtc > 36080

REVENUE AND TAXATION CODE
SECTION 36080



36080.  The total amount of money that may be contributed by the
county pursuant to this part shall not exceed in the aggregate amount
regardless of the period of time involved under any one of the
following alternatives: (1) the maximum amount that may be
contributed under Article 3 (commencing with Section 36020) of this
part, or (2) the total sum of three million nine hundred thousand
dollars ($3,900,000) to be paid in full from revenue derived pursuant
to the tax authoried by Article 4 (commencing with Section 36060) of
this part. If the revenue derived from either of such taxes is
insufficient for the purposes set forth in Section 36010, both of
such taxes shall be imposed at the maximum authorized rate prior to
the time an appropriation shall be authorized in the amount and in
the manner specified in Article 2 (commencing with Section 36010) of
this part. After the effective date of a special tax ordinance
adopted pursuant to this part, the county may advance sums to a rapid
transit district not to exceed the foregoing amounts, from any
county funds legally available for such purpose, in anticipation of
the receipt of tax moneys to be received by the county pursuant to
the special tax ordinance.