Cal. Health & Saf. Code § 33672.5

Current through the 2024 Legislative Session.
Section 33672.5 - Statement by county auditor
(a) Upon the written request of a redevelopment agency for the purpose of assisting the agency, the county auditor or other officer responsible for allocation of tax revenues pursuant to Section 33670 shall prepare a statement each fiscal year, commencing with the 1992-93 fiscal year, for each redevelopment project area and each area added to a redevelopment project area by amendment, which provides for all the following:
(1) The total taxable assessed value of secured, unsecured, and state-assessed railroad and nonoperating, nonunitary property.
(2) The total taxable assessed value used by the county auditor to determine the division of taxes required by subdivision (a) of Section 33670.
(3) The total taxable assessed value used by the county auditor to determine the division of taxes required by subdivision (b) of Section 33670.
(4) The estimated amount of taxes calculated pursuant to subdivision (b) of Section 33670, as adjusted by subdivision (e) of Section 33670 and subdivision (a) of Section 33676. The statement shall specify the gross amount of tax-increment revenue allocated to the agency and any payments to other taxing entities that are deducted from the gross amount allocated.
(5) The estimated amount of taxes to be allocated pursuant to subdivisions (c) and (d) of Section 100 of the Revenue and Taxation Code.
(b) If requested to provide a statement pursuant to subdivision (a), the county auditor shall deliver each statement to the respective redevelopment agencies receiving property tax revenue on or before November 30 of each year.
(c)
(1) Upon the request of a redevelopment agency pursuant to subdivision (a), and concurrently with the disbursement of those property tax revenues, the county auditor shall prepare a statement which provides the amount of disbursement made pursuant to all of the following:
(A) Section 33670.
(B) Section 100 of the Revenue and Taxation Code.
(C) Supplemental property tax revenues allocated pursuant to Sections 75 to 75.80 of the Revenue and Taxation Code, inclusive.
(2) The statement provided pursuant to this subdivision shall also include corrections, updates, or adjustments, if any, to the property tax revenue amounts and taxable assessed values reported pursuant to subdivision (a) of Section 33670.
(d) The county auditor shall also provide to a redevelopment agency, no later than 30 days after the receipt of a written request from that agency, information or clarification with respect to any statement issued pursuant to this section.
(e) If any redevelopment agency requests a statement or information pursuant to this section, the agency shall reimburse the county auditor for all actual and reasonable costs incurred.

Ca. Health and Saf. Code § 33672.5

EFFECTIVE 1/1/2000. Amended September 21, 1999 (Bill Number: AB 634) (Chapter 442).