TITLE 5. LOCAL AGENCIES [50001 - 57607]›DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 55821]›PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 54999.7]›CHAPTER 2.5. The Mello-Roos Community Facilities Act of 1982 [53311 - 53368.3]›ARTICLE 1. General Provisions [53311 - 53317.5]›§ 53314
§ 53314.3
Government Code §§ 53311–53368.3 — Mello-Roos Community Facilities Act of 1982 · 2026 edition · updated 2026-07-29 · California
53314.3. In the first fiscal year in which a special tax or charge is levied for any facility or for any services in a community facilities district or a zone within a community facilities district, the legislative body shall include in the levy a sum sufficient to repay to the legislative body the amounts transferred to that district or zone pursuant to Section 53314. The amounts borrowed, with interest, shall be retransferred to the proper fund or funds from the first available receipts from the special levy in that district or zone.
Notwithstanding the above provisions, the legislative body may, by a resolution adopted no later than the time of the first levy, extend the repayment of the transferred funds over a period of time not to exceed three consecutive years, in which event the levy and each subsequent levy shall include a sum sufficient to repay the amount specified by the legislative body for the year of the levy.
(Amended by Stats. 1987, Ch. 1440, Sec. 2.)
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Ask AI about this code▸ Contents — Government Code §§ 53311–53368.3 — Mello-Roos Community Facilities Act of 1982
- Government Code §§ 53311–53368.3 — Mello-Roos Community Facili…
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▸ TITLE 5. LOCAL AGENCIES [50001 - 57607]
Overview-
▸ DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 55821]
Overview-
▸ PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHE…
Overview-
▸ CHAPTER 2.5. The Mello-Roos Community Facilities Act of 1982 […
Overview- ARTICLE 2. Proceedings to Create a Community Facilities Distri…
- ARTICLE 3. Extension of Authorized Facilities and Services and…
- ARTICLE 3.5. Annexation of Territory [53339 - 53339.9]
- ARTICLE 4. Procedures for Levying [53340 - 53344.4]
- ARTICLE 5. Bonds [53345 - 53365.7]
- ARTICLE 6. Transfer of Community Facilities Districts [53368 -…
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