Any adjustment in the maximum property tax rate of a local agency made pursuant to Section 2308 shall only be made in the first full fiscal year after the functional consolidation has occurred.
Cal. Rev. & Tax. Code § 2309
Functional Consolidation: Effect on Maximum Property Tax Rates
Added by Stats. 1973, Ch. 358.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.