DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 1. GENERAL 36501-36525›CHAPTER 7. City Attorney 41801-41805›ARTICLE 5. Prepayment 43820-43824
§ 43823
California Government Code · 2026-09 edition · updated 2026-09-27 · California
Such taxes are in addition to all other taxes levied and collected for municipal purposes and for meeting payments on the principal and interest of the bonded indebtedness as they fall due. They shall be levied and collected at the time and in the manner of other municipal taxes, and be used only for the purpose of paying bonds prior to maturity.
(Added by Stats. 1949, Ch. 79.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code