The board shall, on or before the first day of September, fix the rate or rates of taxes, designating the number of cents upon each one hundred dollars ($100), and use as a basis the value of property transmitted to the board by the county auditor, which rate of taxation shall be sufficient to raise the amount previously fixed by the board.
Cal. Pub. Util. Code § 103328
Property Taxation
Known as the San Mateo County Transit District Act
The act spans §§ 103000–103700 (192 sections).
Added by Stats. 1974, Ch. 502.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.