Jurris.COM

Section 55701 Of Chapter 3. Taxes From California Water Code >> Division 16. >> Part 4. >> Chapter 3.

55701
. The board of supervisors shall levy a tax, each year, upon the taxable property in the district, sufficient to pay the interest on the bonds for that year authorized at the time of formation of the district, and that portion of the principal which is to become due before the time for making the next general tax levy.