Section 61113 Of Chapter 2. Finance From California Government Code >> Division 3. >> Title 6. >> Part 3. >> Chapter 2.
61113
. (a) On or before July 1 of each year, the board of directors
shall adopt a resolution establishing its appropriations limit, if
any, and make other necessary determinations for the following fiscal
year pursuant to Article XIII B of the California Constitution and
Division 9 (commencing with Section 7900).
(b) Pursuant to subdivision (c) of Section 9 of Article XIII B of
the California Constitution, this section shall not apply to a
district which existed on January 1, 1978, and which did not as of
the 1977-78 fiscal year levy an ad valorem tax on property in excess
of 12 1/2 cents per one hundred dollars ($100) of assessed value.
(c) This section shall not apply to any district that has
previously transferred services and all of the property tax revenue
allocation associated with those services to another local agency.