Earlier editions: 2026-09
Division 2 — FINANCE AND TAXATION›Part II — FUNDS AND ACCOUNTS›Chapter 12 — SPECIAL GAS TAX STREET IMPROVEMENT FUND
Torrance Municipal Code Art. 2 General
Torrance Municipal Code · 2026-10 edition · updated 2026-10-05 · Torrance
Cite as: Torrance Municipal Code Article 2 · Text as of 2026-10-05
212.2.1 SOURCE OF REVENUE.
All monies received by the City from the State under the provisions of the Streets and Highways Code for the acquisition of real property, or interests therein, or for the construction, maintenance or improvement of, streets or highways, other than State highways, shall be paid into the Special Gas Tax Street Improvement Fund.
212.2.2 EXPENDITURES.
All monies in the Special Gas Tax Street Improvement Fund shall be expended exclusively for the purposes authorized by, and subject to all the provisions of Article 5, Chapter 1, Division 1 of the Streets and Highways Code.
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