Section 53825 Of Article 7. Temporary Borrowing From California Government Code >> Division 2. >> Title 5. >> Part 1. >> Chapter 4. >> Article 7.
53825
. The resolution shall state the necessity for the borrowing
and:
(a) The amount of revenue from taxes provided for the county,
city, or municipal or public corporation or district, other than a
school district, county board of education, or community college
district, for the current fiscal year.
(b) The amount of income and revenue provided for the current
fiscal year for the school or community college district or the
estimated amount of income and revenue to be received during the
current fiscal year from apportionments from the State School Fund,
high school fund, or community college fund and from the State
General Fund, if the borrowing is by a school district, county board
of education, or community college district and occurs before taxes
are levied.