Should any tax or assessment which was apportioned at the time of levy be changed by correction, cancellation or refund authorized by Part 9 of Division 1 of this code, a pro rata adjustment for the amount of such change shall be made in each of the funds to which apportionment previously has been made. The total pro rata adjustments of amounts previously apportioned shall be entered on the apportioned tax resources accounts of the auditor and the treasurer. The total amount of the changes shall be entered on the secured taxes receivable accounts of the auditor.
Cal. Rev. & Tax. Code § 4707
Alternative Method of Distribution of Tax Levies and Collections and of Tax Sale Proceeds
Applied in 1 court decision — leading case 87 Cal. App. 4th 878 - Wallich's Ranch Co. v. Kern County Citrus Pest Control District (2001)
Most recently applied in 87 Cal. App. 4th 878 - Wallich's Ranch Co. v. Kern County Citrus Pest Control District (March 2001)
Amended by Stats. 1959, Ch. 482.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.