The notice of the election shall set forth the following:
(a) The day, hours, and polling places in each precinct for holding the election.
(b) The amount of money proposed to be raised by the assessment.
(c) A general statement of the purposes for which it is intended to be used.
(d) If the board so determines, a statement both that the assessment shall be levied in two or three annual installments and the amount of the installment to be levied each year.