Earlier editions: 2020-112018-112026-09
DIVISION 14. STREET LIGHTING 18000-19402›PART 2. THE STREET LIGHTING ACT OF 1931 18300-18440›CHAPTER 5. Levying and Collecting the Assessment 18390-18405
§ 18394
California Streets and Highways Code · 2026-10 edition · updated 2026-10-04 · California
If there is any suplus remaining at the close of the last contract year under any proceedings, such surplus shall be used as follows:
(a) If new proceedings are started within one year after the close of the last contract year, such surplus shall be applied toward a reduction of the first installment of the new assessment. Such part of the surplus as was collected from each zone or subdivided zone shall be applied to reduce the installment levied against that zone or subdivided zone.
(b) If new proceedings are not started within the one-year period or if one or more zones or subdivided zones are omitted for any reason from the new proceedings any such surplus shall become and remain a part of the general funds of the city.
(Added by Stats. 1941, Ch. 79.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code