Section 23669 Of Article 4. Formation And Assessment From California Water Code >> Division 11. >> Part 7. >> Chapter 1. >> Article 4.
23669
. Any assessment levied pursuant to Section 23667 shall
include both of the following sums:
(a) An amount equal to interest on any deferred payments at a rate
not exceeding 12 percent each year.
(b) An amount equal to 10 percent more than all other sums to be
raised by the assessment, in order to provide for anticipated
delinquencies.