California · Revenue and Taxation Code - RTC

RTC §2309: Any adjustment in the maximum property tax rate of a local agency made pursuant to Section 2308 shall only be made in the first full fiscal year after the functional consolidation has occurred.

What this law says, in plain English

A local agency may only adjust its maximum property tax rate in the first complete fiscal year following a functional consolidation.

Read the full statutory text
Any adjustment in the maximum property tax rate of a local agency made pursuant to Section 2308 shall only be made in the first full fiscal year after the functional consolidation has occurred.

Verify at the official source: California legislative text

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