GroundRules
WAT § 36554
Where this section sits in the code
- Water Code - WAT
- DIVISION 13. CALIFORNIA WATER DISTRICTS [34000. - 38501.]
- PART 7. ASSESSMENTS [36550. - 37186.]
- CHAPTER 1. Assessment [36550. - 36611.]
- ARTICLE 1. Annual Estimate [36550. - 36560.]
The annual estimate may include an amount to be determined by the board but not to exceed 1 percent of the total assessed value of the land, which sum shall be apportioned to the bond fund and used for the redemption or purchase of unmatured bonds or for the creation of a sinking fund to pay bonds as they become due.
Collected 2026-09-14T05:56:33Z. Source file · JSON