Chapter 4. Advance Of Funds of California Water Code >> Division 20. >> Part 8. >> Chapter 4.
The board may advance general funds of the district to
accomplish the purposes of an improvement district formed pursuant to
this part.
The board may provide that the district shall be repaid for
any advance of funds, with interest at a rate not to exceed the
interest value of money to the district, from the taxes levied
exclusively upon the taxable property in the improvement district.