Section 2326 Of Article 9. Reporting Tax Levies From California Revenue And Taxation Code >> Division 1. >> Part 4. >> Chapter 3. >> Article 9.

. If a local agency fails to file the report required by Section 2325 by October 15, the Controller, in the succeeding fiscal year, shall reduce by 10 percent or five thousand dollars ($5,000), whichever is less, the payment he is required to make to such agency based on claims filed pursuant to Section 16113 of the Government Code.