Property Tax Administrative Costs (PTAC)
also known as SB2557 costs became law in 1989-90 to provide
a formula for counties to be reimbursed for their costs
for assessing, billing, collecting and distributing property
taxes. Revenue and Taxation Code Sections 95.2 and 95.3,
authorize the counties to recover these costs from all
taxing agencies except schools and ERAF.
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