California Public Utilities Code 22907 – The rate of the district tax levied in any one year shall not exceed …
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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.
(Added by Stats. 1953, Ch. 151.)
Terms Used In California Public Utilities Code 22907
- Personal property: All property that is not real property.