Section 51511 Of Article 1. General From California Government Code >> Division 1. >> Title 5. >> Part 2. >> Chapter 2. >> Article 1.
51511
. Annually, before September 1st, the city legislative body
shall fix the rate of taxes, or rates of taxes, if different portions
or districts require different rates, by determining the percentage
of full value on the assessment roll required to raise the revenue
authorized by this article, using as a basis the value of the
property as assessed and equalized. The rates shall be sufficient to
raise the amount fixed by ordinance or resolution and the expense of
collection. The city legislative body shall immediately transmit to
the county auditor a statement of the rates fixed.