Section 25801 Of Article 1. Regular Rate From California Water Code >> Division 11. >> Part 10. >> Chapter 3. >> Article 1.

. The annual rate of assessments shall be equal to the sum to be raised for district purposes divided by 85 per cent of the aggregate equalized assessed value of the land as it appears on the assessment book for the assessment year, the 15 per cent being deducted for anticipated delinquencies.