Annual adjustment.
San José Municipal Code § 14.15.120
in effect14.15.120 - Annual adjustment.
"Annual adjustment" means the maximum inflation adjustment that may be made to the base assessment, in a single fiscal year, without additional notice and hearing pursuant to Part 4 of this chapter. The annual adjustment may be based on any cost adjustment index approved by the property owners upon initial approval of the assessment, or any subsequent approval as provided in Part 4 of this chapter.
(Ords. 25352, 25353.)
Source: City of San José, Municipal Code (Municode Library, library.municode.com)URL: https://library.municode.com/ca/san_jose/codes/code_of_ordinances?nodeId=TIT14PUWOIM_CH14.15ALPRMADI_PT2DE_14.15.120ANADFetched: 11/1/2026