In each succeeding fiscal year the redemptioner shall pay all current taxes and penalties coming due in that fiscal year before the delinquency date of the last installment of current taxes.

Supplemental assessment tax installments that became delinquent after April 10 shall not default the installment plan of redemption, if paid on or before June 30.

Terms Used In California Revenue and Taxation Code 4220

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • taxes: includes all taxes and assessments and annual installments of assessments charged on the roll, except for the following:

    California Revenue and Taxation Code 4186

(Amended by Stats. 1986, Ch. 1420, Sec. 23.)

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