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HomeGovernment CodeDiv. 2Pt. 1Ch. 1.5Art. 2§ 53181 Integrated Financing District Creation

§ 53181 Integrated Financing District Creation

Government Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 53181 Integrated Financing District Creation

Key Takeaways

  • •A city or county can create a special area (called an 'integrated financing district') to raise money for projects like fixing roads or building parks.
  • •They must hold a public meeting to explain the plan and let people voice concerns before deciding.
  • •The plan must clearly say how much money will be collected, how it will be collected (like a fee per square foot of land), and what it will be used for.
  • •The fee can go up a little each year, but it can’t double (no more than 100% increase total).

Example

A city wants to fix potholes and add streetlights in a neighborhood.

The city holds a meeting to explain the plan, shows how much each homeowner would pay (like $50 per year for a small lot), and says the fee might go up by 2% each year. If people don’t protest too much, the city can start the project.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 53181 Integrated Financing District Creation

Proceedings to create an integrated financing district shall be instituted by the local agency by adopting a resolution of intention to create the integrated financing district which shall include all of the following, and which may be combined with any similar resolution required in the financing act: (a) A statement that the local agency will proceed under the authority of this chapter. (b) A description of the boundaries of the proposed integrated financing district, which need not be the same as the boundaries of the district created pursuant to the financing act. (c) A description of the rates and methods of apportionment over time of any levy proposed under this chapter, and the contingencies under which each levy will be made. A contingent assessment shall be specified as a fixed dollar amount per unit of area for parcels developed into each of several land use categories, as determined by the legislative body, except that the legislative body may provide that the fixed dollar amount may be adjusted annually by an interest rate, as determined by the legislative body. The cumulative interest rate adjustment shall not exceed 100 percent. (d) A description of the proposed uses of funds arising from any levy made pursuant to this chapter, including a description of any facilities to be constructed with the funds, and an estimate of the cost of those facilities. (e) A description of any proposed reimbursement agreement. (f) A statement that a public hearing on proposals made under this chapter will be combined with any hearing or hearings required under the financing act, and a description of the procedures for interested persons to protest against the proposals. (Amended by Stats. 1987, Ch. 1011, Sec. 3. Effective September 23, 1987.)

Last verified: January 22, 2026

Key Terms

resolutiondescriptionagreementporthearingstatementeffective septemberintention

Related Statutes

  • § 53179.5 Joint Public Facilities Financing
  • § 53182 Hearing Notice Requirements
  • § 53183 Property Assessment Protest Rights
  • § 53184 District Establishment Modification
  • § 53190.5 Investor Reimbursement Agreement Terms

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 53181.
View Official Source