Statute · California Government Code

Cal. Gov't Code § 62306 — Climate Resilience Districts

Cal. Gov't Code § 62306

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2023-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) A minimum of 95 percent of the allocated tax increment revenues pursuant to subdivision (b) of Section 62304 shall be used to fund eligible projects.

Citator

Cal. Gov't Code § 62306 — Climate Resilience Districts is in force in the current edition of the Code, and nothing recorded condemns it.

(a) A minimum of 95 percent of the allocated tax increment revenues pursuant to subdivision (b) of Section 62304 shall be used to fund eligible projects.

(b) Not more than 5 percent of allocated revenues may be used for administration.