The rate of the district tax levied in any one year shall not exceed twenty cents ($0.20) on each one hundred dollars ($100) of assessed valuation of the real and personal property in the district, exclusive of the bond tax.
Cal. Pub. Util. Code § 22907
Taxation
Known as the California Airport District Act
The act spans §§ 22001–22909 (126 sections).
Added by Stats. 1953, Ch. 151.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.