§ 103324 San Mateo Transit Tax Vote

This law says the ballot must ask voters if the San Mateo County Transit District can collect a property tax, and it caps the tax at a certain number of cents for every $100 of property value.

Key Takeaways

•The ballot must include a yes/no question about the transit district’s tax authority.
•The tax cannot be higher than the amount written in cents for each $100 of property value.
•If the rate is, say, 5 cents per $100, a $250,000 home would pay at most $125 in tax.

Example

Maria lives in the district and receives a ballot that has a yes‑no question: “Should the Transit District be allowed to levy a property tax not to exceed ___ cents ($0.___) on each $100 of assessed value?”

When Maria votes, she is deciding whether the transit district can charge that maximum tax on her home’s assessed value.

How to Calculate

Tax amount = (cents per $100) × (Assessed value ÷ 100) ÷ 100

Find the rate in cents per $100 (e.g., 5 cents).
Divide the property’s assessed value by 100 to see how many $100 units there are.
Multiply the number of $100 units by the cent rate, then divide by 100 to turn cents into dollars.

The ballot sets the maximum rate at 5 cents per $100 of value, and a house is assessed at $250,000.

Result: Tax = (5 × (250,000 ÷ 100)) ÷ 100 = (5 × 2,500) ÷ 100 = 12,500 ÷ 100 = $125

The ballot for the election shall contain such instructions as are required by law to be printed thereon and in addition thereto, the following: Shall the San Mateo County Transit District be authorized to operate and levy a property tax at an annual rate which shall not exceed ______ cents ($0.___) on each one hundred dollars ($100) of assessed valuation within the district? YES◻ NO ◻ (Added by Stats. 1974, Ch. 502.)

This law says the ballot must ask voters if the San Mateo County Transit District can collect a property tax, and it caps the tax at a certain number of cents for every $100 of property value.

Key Takeaways

•The ballot must include a yes/no question about the transit district’s tax authority.
•The tax cannot be higher than the amount written in cents for each $100 of property value.
•If the rate is, say, 5 cents per $100, a $250,000 home would pay at most $125 in tax.

Example

When Maria votes, she is deciding whether the transit district can charge that maximum tax on her home’s assessed value.

How to Calculate

Tax amount = (cents per $100) × (Assessed value ÷ 100) ÷ 100

Find the rate in cents per $100 (e.g., 5 cents).
Divide the property’s assessed value by 100 to see how many $100 units there are.
Multiply the number of $100 units by the cent rate, then divide by 100 to turn cents into dollars.

The ballot sets the maximum rate at 5 cents per $100 of value, and a house is assessed at $250,000.

Result: Tax = (5 × (250,000 ÷ 100)) ÷ 100 = (5 × 2,500) ÷ 100 = 12,500 ÷ 100 = $125

Key Takeaways

Example

How to Calculate

Key Terms

References

§ 103324 San Mateo Transit Tax Vote

Key Takeaways

Example

How to Calculate

Key Terms

References

Key Takeaways

Example

How to Calculate

Key Terms

Related Statutes

References

Key Takeaways

Example

How to Calculate

Key Terms

Related Statutes

References