SECTIONS 2050-2125 - California Statutes

REVENUE AND TAXATION CODE

SECTION 2050-2125

2050. Whenever, for the purpose of determining the assessed value
of property on the county assessment roll or determining the names or
addresses of assessees on such roll, the State Constitution, any
law, any charter of a city or a county, or any ordinance, resolution,
order or regulation of any city, county or other public corporation
makes reference to the "last equalized county assessment roll" in
those words or in similar words, or in any words intended to refer to
the latest or current assessment roll of the county, such roll
(hereinafter referred to as the "last equalized roll") shall be
ascertained in accordance with the rules provided in this chapter.

2051. The last equalized roll means the entire assessment roll as
defined in Section 109.

2052. The local roll as delivered to the auditor pursuant to
Section 617, including any changes made by the county board during
the month of July, together with the board roll as transmitted to the
auditor pursuant to Section 756 and the estimate with any changes
transmitted pursuant to Section 755, shall become the last equalized
roll on August 20, and such rolls together shall continue to be the
last equalized roll, except as otherwise provided in this chapter,
(a) for the purpose of computing any debt limit for the issuance of
bonds of any public entity that is based on a percentage of assessed
valuation as shown on the last equalized assessment roll and (b) for
all other purposes, until the assessment roll for the following year
becomes the last equalized roll in accordance with the provisions of
this section.

2053. If the board makes any change in the local roll pursuant to
Sections 1840 and 1841, the local roll as so changed, together with
the board roll as transmitted to the auditor pursuant to Section 756
and the estimate with any changes transmitted pursuant to Section
755, shall become the last equalized roll on the date the auditor
receives notice of the action of the board, except for the purpose of
computing any debt limit referred to in Section 2052.

2055. If the county board of equalization, or an assessment appeals
board, as the case may be, makes any changes in the local roll
pursuant to Chapter 1 (commencing with Section 1601), and including
any other changes in the local roll made pursuant to law, together
with the board roll as transmitted to the auditor pursuant to Section
756 and the estimate with any changes transmitted pursuant to
Section 755, shall become the last equalized roll on the third day
after the final adjournment of the county board of equalization or
all assessment appeals boards of the county as the case may be,
except for the purpose of computing any debt limit referred to in
Section 2052.

2056. Whenever it becomes necessary for any purpose otherwise
required by law to determine the assessed value of public property or
other property exempt from taxation, as such assessed value is shown
on the last equalized roll, and no value is shown on the roll for
such property, and there is no other applicable provision for
determining such assessed value, the assessor shall, upon request,
provide in writing an estimate of the value according to his current
assessment practices, and such estimate shall be deemed to be the
assessed value for such purpose.

2125. In any county in which tax receipts derived from the
assessment of water rights have been impounded by reason of court
litigation, whenever any state department, board or agency allocates
funds to the county or any district lying wholly or partly within the
county upon the basis of the assessed valuation of property, the
value of all land, improvements and tangible personal property
entered upon the local roll of the county after equalization, shall
be adjusted for purposes of such allocation to eliminate the assessed
valuation as to which the taxes were impounded.