The board of supervisors shall levy a tax, each year, upon the taxable property in the district, sufficient to pay the interest on the bonds for that year authorized at the time of formation of the district, and that portion of the principal which is to become due before the time for making the next general tax levy.
Cal. Water Code § 55701
Taxes
Known as the County Waterworks District Law
The act spans §§ 55000–55991 (184 sections).
Added by Stats. 1953, Ch. 155.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.