Wat. Code, § 22950 · Article 5. Assessments
Wat. Code, § 22950
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Every district by its board, each year within 15 days after the close of its session as a board of equalization, shall levy an assessment sufficient to raise all of the following:
(a) Annual interest on any outstanding bonds of the district except to the extent that provision is otherwise made as permitted by law.
(b) Principal of outstanding bonds of the district as they mature except to the extent that provision is otherwise made as permitted by law.
(c) Obligations of the district due or to become due within the succeeding 12 months except to the extent that provision is otherwise made as permitted by law.
(d) A sum which with the other revenue of the district will meet the estimated current expenses of the district for the succeeding 12 months.
Notes and commentary — not statutory text
History
Amended by Stats. 1943, Ch. 532.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=22950.
- Text hash
- sha256 6a3c50c87731383f1682ae0e8e9b82146d2d5471482ba7bc1f2f9ef65dd2f713
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.