Ventura County |
Code of Ordinances |
Division 1. Government |
Chapter 5. Taxes |
Article 2. Documentary Transfer Tax |
Appendix 1556. Administration.
The county recorder shall administer this ordinance and shall also administer any ordinance adopted by any city in the County pursuant to Part 6.7 (commencing with Section 11901) of Division 2 of the Revenue and Taxation Code imposing a tax for which a credit is allowed by this ordinance.
On or before the 15th day of the month the recorder shall report to the county auditor the amounts of taxes collected during the preceding month pursuant to this ordinance and each such city ordinance. The auditor shall allocate and distribute monthly said taxes as follows:
(a)
All monies which relate to transfers of real property located in the unincorporated territory of the county shall be allocated to the county.
(b)
All monies which relate to transfers of real property located in a city in the county which has imposed a tax pursuant to said Part 6.7 shall be allocated one-half to such city and one-half to the county.
(c)
All monies which relate to transfers of real property located in a city in the county which imposes a tax on transfers of real property not in conformity with said Part 6.7 shall be allocated to the county.
(d)
All monies which relate to transfers of real property in a city in the county which does not impose a tax on transfers of real property shall be allocated to the county.