Section 72073 Of Article 7. Determination Of And Alternative Methods Of Payment Of Debt Service And Costs Of Maintenance And Operation From California Water Code >> Division 20. >> Part 8. >> Chapter 6. >> Article 7.
72073
. The board annually shall cause to be prepared a written
report stating the reasons for and conclusions of the board upon the
following, together with any additional information deemed by the
board to be relevant to such conclusions:
(a) The amount of the total debt service payable by the district
for the following fiscal year on any bonded indebtedness incurred
pursuant to this chapter, and the estimated maintenance and operation
costs of the improvements for such fiscal year.
(b) The amount of such total debt service and maintenance and
operation costs proposed to be raised in each of the improvement
districts established under the provisions of this chapter, in
accordance with the estimated benefits to be received by the
landowners, water users, and inhabitants of each such improvement
district during the following fiscal year.
(c) The projected retail water sales within each such improvement
district for the following fiscal year, stated by volume and
anticipated revenue.
Such report shall be mailed at least 20 days before the hearing
provided for in Section 72074 to (1) each retail water purveyor with
a service area wholly or partly within the district, and (2) any
other interested party having made written request therefor at least
20 days before such hearing.