Section 22904 Of Chapter 6. Taxation From California Public Utilities Code >> Division 9. >> Part 2. >> Chapter 6.
22904
. 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
fully paid.