Section 4893 Of Article 4. Finances And Taxation From California Health And Safety Code >> Division 5. >> Part 3. >> Chapter 4. >> Article 4.
4893
. If a district is organized in any year too late for the levy
of a tax in that year or in the next ensuing year, the board is
hereby authorized to transfer funds of the county not immediately
needed for county purposes to the maintenance fund of the district to
be used for the payment of the expenses of such district until such
time as special assessment tax receipts are available therefor. The
board shall include in the levy of taxes for the district for the
first fiscal year in which a tax may be levied, a sum sufficient to
repay to the county the amounts so transferred to the district for
the portion or portions of the preceding fiscal year or years for
which no levy of taxes was made for that purpose and the amounts so
transferred shall be retransferred to the county treasury from the
maintenance fund of the district out of the first available receipts
from the tax levy.