In case of a district lying in two or more counties, the assessor of each of the counties in which the district lies, shall annually as soon as the county assessments have been equalized by the State Board of Equalization, certify to the board of supervisors of each of the counties in which any portion of the district is situated, the assessed value of all taxable property in the county situated in the school district or community college district. The tax shall be levied according to the ratio which the assessed value of the property in the district in any county bears to the total assessed value of the property in the district. Each board of supervisors shall levy upon the property of the district and within its own county the rate of tax that will be sufficient to raise not less than the amount needed to pay the interest and any portion of the principal of the bonds that is to become due during the year.
Article 10Tax for Payment of Bonds of School District or Community College District Located in Two or More Counties
Section § 15260
This law talks about how property taxes should be managed in a school or community college district that spans across multiple counties. Each county's official responsible for assessing property value must report the value of all taxable property within the district to the county supervisors. These supervisors then set a tax rate for the district's properties in their county to ensure they collect enough money to pay off any bonds due that year, including interest.
multi-county districts property tax assessment State Board of Equalization tax certification county assessors board of supervisors assessed property value tax levy bond payments school districts community college districts county tax rate property taxation annual certification district bonds
Section § 15261
This law says that school taxes are handled just like other local taxes. Once collected, the money goes into the county's treasury. If a county collects taxes for a school that’s managed by a different county's school superintendent, the money has to be transferred to the county that's in charge of the school.
The tax shall be entered upon the assessment roll and collected in the same manner as other school taxes.
The tax when collected shall be paid into the county treasury of the county. The treasurer of any county, other than the one whose superintendent of schools has jurisdiction over the school, shall, upon order of the county auditor, pay the sum collected on account of the tax into the treasury of the county whose superintendent of schools has jurisdiction over the school.
school taxes assessment roll county treasury county auditor tax collection process jurisdiction school superintendent inter-county payment county treasurer education funding
Section § 15262
This law applies to school district bonds that voters approved before July 1, 1978. It also applies to debt for purchasing or improving property that at least two-thirds of voters approved on or after June 4, 1986.
This article shall apply only to bonds of a school district which were approved by the electors prior to July 1, 1978, and to bonded indebtedness for the acquisition or improvement of real property approved by two-thirds of the voters on or after June 4, 1986.
school district bonds electors July 1 1978 bonded indebtedness real property improvement two-thirds voter approval June 4 1986 acquisition of property voter-approved bonds school bond elections
