Golden Empire Transit DistrictTaxation

Section § 101265

Explanation

This law allows a district to collect taxes for any legal purpose, but it cannot exceed 15 cents per $100 of assessed property value. If the city council and board of supervisors agree, this limit can go up to 25 cents. Any increase beyond 25 cents requires voter approval during an election.

(a)CA Public Utilities Code § 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)CA Public Utilities Code § 101265(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)CA Public Utilities Code § 101265(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.
district taxes property tax limit assessed valuation ...

Section § 101266

Explanation

This law states that if a transit district's income from running its services isn't enough to cover its expenses, the board in charge will determine how much money needs to be raised through taxes to make up the difference.

Any tax they impose must comply with specific limitations set by other related sections.

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.
transit operation revenues board opinion taxation for expenses ...

Section § 101267

Explanation

The board must collect a specific tax every year until the district's bonds are fully paid off. This tax covers the interest and principal on the bonds as they become due. If the bonds' maturity starts more than a year after they're issued, the board will collect this tax annually to ensure timely interest payments and create a sinking fund to pay off the principal by maturity.

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.
bond repayment annual tax levy interest payments ...

Section § 101268

Explanation

Every year, by the second Monday in August, the county auditor must provide the board with a written report that shows the overall value of all properties located within a specific district.

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.
county auditor property value report annual report deadline ...

Section § 101269

Explanation

Every year, by the last Friday in July, a board is required to submit a written statement to the board of supervisors and county auditor. This statement must include two key estimates: first, how much money needs to be raised through taxes for paying off debts; second, how much is needed for other purposes of the district. These estimates should be based on the district's budget as outlined in specific budget-related statutes.

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)CA Public Utilities Code § 101269(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)CA Public Utilities Code § 101269(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.
taxation estimate bonded indebtedness district budget ...

Section § 101270

Explanation

Every year when county taxes are set, the board of supervisors needs to impose a tax on all taxable property within the district. The tax must be enough to cover the necessary funds determined by the board of directors, while accounting for any unpaid taxes and collection costs. This tax applies to all properties listed in the county's assessment records within the district, staying within the limits set by another law.

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.
board of supervisors tax levy taxable property ...

Section § 101271

Explanation

This law explains that taxes collected for a specific district will be gathered at the same time and in the same way as county taxes. Once collected, these taxes will either go to the county treasury for use by the district or directly to the district's treasurer, depending on the situation.

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.
district tax collection county treasury district treasury ...

Section § 101272

Explanation

This law states that carrying out the actions outlined in the chapter leads to a legitimate assessment of property in the district and a proper setting of taxes.

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.
property assessment valid assessment district property ...

Section § 101273

Explanation

This law states that any taxes imposed under its guidelines will automatically become a legal claim (lien) on the property. These taxes are treated just like county taxes and the process for collecting them follows the same legal procedures as collecting county taxes. So, if a property owner doesn't pay these taxes, the enforcement is handled the same way as it would be for unpaid county taxes.

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.
tax lien property taxes tax enforcement ...

Section § 101274

Explanation

If a property was sold because of unpaid taxes and then later redeemed, the redemption money should be divided in a way that reflects how much of the original taxes were owed to a specific district. This money is then either given to the district's treasurer or placed into the county treasury for the district's benefit, depending on the situation.

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.
property tax redemption tax sale redemption district treasurer ...