Section 25450 Of Chapter 18. Funding Bonds From California Streets And Highways Code >> Division 16. >> Part 1. >> Chapter 18.
25450
. It shall be the duty of the board of supervisors of each
county within the district to annually cause to be levied upon the
lands only, exclusive of improvements, within the county liable
therefor the amounts reported to it by the treasurer of such
district, which amounts shall be clearly sufficient to pay the
principal and interest coming due or past due in such year upon any
funding bonds of the district together with a sufficient amount to
cover delinquencies.