Wat. Code, § 70234 · Chapter 7. Taxes
Wat. Code, § 70234
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The board of directors shall meet on the first Tuesday after the first Monday of September of each year to determine the rate of tax to be levied for district purposes for the next ensuing year. The amount of money to be raised shall be estimated by including the following:
(a) The amount necessary to pay the interest and the part of the principal of the funded debt that will become due in the current year.
(b) The amount needed for salaries, wages, repairs, maintenance and operation.
(c) The amount needed for salvage, fees and delinquencies.
(d) The amount of floating debt that it may be desirable to pay during the current year.
Notes and commentary — not statutory text
History
Added by Stats. 1959, Ch. 370.
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=70234.
- Text hash
- sha256 29cc632747a7c684de86b12c6bbb9fe5dd5da78ccb62d642a7cc88abced66ee6
- 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.