All tax levies for a purpose other than interest or sinking fund payments shall be first authorized by the board by ordinance when the amount proposed to be raised by a tax levy exceeds fifty thousand dollars ($50,000).
Cal. Pub. Util. Code § 16077
Meetings and Legislation
Known as the The Public Utility District Act
The act spans §§ 15501–18055 (309 sections).
Amended by Stats. 1986, Ch. 709, Sec. 2.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.