Section 40300 Of Article 1. Property Taxation From California Public Utilities Code >> Division 10. >> Part 4. >> Chapter 8. >> Article 1.

. The district may levy and collect, or cause to be collected, taxes for any lawful purpose subject to a maximum limit of five cents ($0.05) per one hundred dollars ($100) of assessed valuation within the district exclusive of any tax levied to meet the bonded indebtedness of the district and the interest thereon.