Chapter 6. Taxation of California Public Utilities Code >> Division 9. >> Part 2. >> Chapter 6.
As used in this chapter, "board of supervisors" means the
board of supervisors of the principal county.
If the revenues of the district are inadequate to pay the
interest or principal of the bonded indebtedness of the district as
it becomes due, or to pay any other expenses of or claims against the
district, the board of directors shall transmit to the board of
supervisors and the county auditor a written estimate of the minimum
amount of money required for the payment of the principal and
interest of the bonded indebtedness as it becomes due, and of the
minimum amount of money required by the district for any other
The board shall transmit the estimates to the board of
supervisors and the county auditor at least 15 days before the first
day of the month in which the board of supervisors is required to
levy taxes for county purposes.
Annually, after receiving the estimates, the board of
supervisors shall levy a tax sufficient for the payment of the
principal and interest on the bonded indebtedness, designated as the
"____ airport bond tax," and a tax sufficient for the payment of all
other expenses of, and claims against, the district, designated as
the "____ airport district tax."
The bond tax shall be levied annually until the bonded
indebtedness is fully paid. The district tax shall be levied annually
until all other expenses of and claims against the district are
The bond tax shall be sufficient to pay the interest on the
bonds for the year and the portion of the principal becoming due
during the year. The bond tax shall also be sufficient to raise
annually for the first half of the term of the bonds a sum sufficient
to pay the interest for that period, and, during the balance of the
term, sufficient to pay the annual interest and to pay annually a
proportion of the principal equal to the amount produced by dividing
the total amount of outstanding bonds by the number of years the
bonds then have to run.
The proceeds of the bond tax shall be paid into the treasury
of the principal county to the credit of the district interest and
sinking fund and shall be used only for the payment of the principal
and interest on the bonds. The treasurer of the principal county
shall pay the principal and interest on the bonds upon the warrant of
the auditor of the principal county out of this fund. The county
auditor shall cancel and retain the bonds and coupons when he draws
his warrants on the treasurer in favor of the owners.
The rate of the district tax levied in any one year shall
not exceed twenty cents ($0.20) on each one hundred dollars ($100) of
assessed valuation of the real and personal property in the
district, exclusive of the bond tax.
The bond and district taxes shall be levied on all the
taxable property in the district. They shall be levied by the board
of supervisors and collected by the tax collector of the principal
county at the time and in the manner and form as county taxes are
levied and collected. The proceeds of the taxes shall be paid to the
district. The taxes become delinquent at the same time as county
taxes and bear the same penalties for delinquency. The taxes are a
lien on all taxable property in the district, have the same force and
effect as liens for county taxes, and their collection shall be
enforced by the same means as liens for county taxes.
A district may impose a special tax pursuant to Article 3.5
(commencing with Section 50075) of Chapter 1 of Part 1 of Division 1
of Title 5 of the Government Code. The special taxes shall be applied
uniformly to all taxpayers or all real property within the district,
except that unimproved property may be taxed at a lower rate than