California Laws - Revenue and Taxation Code

Article 2. County Property Taxes (36010) (24768)(1-click HTML)

36010. The board of supervisors of a county may appropriate the amount authorized by this section to contribute to any rapid transit district authorized by law to plan and construct a rapid transit system, for purposes of planning, surveying, engineering, preparing information and reports, publicizing and holding meetings and noticing and holding hearings as may be required or authorized by law, including the law applicable to any rapid transit district, for the development of an operating rapid transit system to benefit the residents of the county, including the expenses of the calling, giving notice of, holding and conducting of any bond election incurred by such rapid transit district. Such an appropriation may be included in the budget for one year only and one time only, and may be used in computing and fixing the rates of tax on all taxable property within the county for such year. (24769)

The board of supervisors shall not make an appropriation pursuant to this section until the tax authorized by Article 3 (commencing with Section 36020) and Article 4 (commencing with Section 36060) of this part have been imposed at the maximum rate authorized and both taxes combined have failed to yield revenue at least in the amount of three million nine hundred thousand dollars ($3,900,000), in which case the board of supervisors may appropriate pursuant to this section an amount equal to the difference between the amount of revenue so raised and three million nine hundred thousand dollars ($3,900,000) or so much thereof as may be necessary to contribute to a rapid transit district for the purposes set forth in this section. (24770)

The district shall prepare and file with the county prior to the date on which an appropriation is made by the county, a budget providing for the use of all moneys received by the district from the county under this section or any other section of this part and the expenditures by the district of said moneys shall be substantially as proposed in said budget unless modified for cause and the modification approved by the board of supervisors. (24771)


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