Section 22902 Of Chapter 6. Taxation From California Public Utilities Code >> Division 9. >> Part 2. >> Chapter 6.
22902
. 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
purpose.