Cal. Pub. Util. Code § 16644

Current through the 2023 Legislative Session.
Section 16644 - Tax if revenues insufficient to make bond payments or funds needed to carry out district purposes

If from any cause the revenues of a district are inadequate to pay the principal or interest on any bonded debt as it becomes due, the board shall, or if funds are needed to carry out the objects and purposes of the district which cannot be provided out of the revenues of the district the board may, levy a tax for such purposes.

Ca. Pub. Util. Code § 16644

Added by Stats. 1953, Ch. 72.