DIVISION 12. COUNTY WATER DISTRICTS 30000-33901›PART 6. FINANCIAL PROVISIONS 31300-31639›CHAPTER 5. Alternative Procedure for Formation of Improvement Districts 31585-31618›ARTICLE 3. Taxes 31615-31618

§ 31617

California Water Code · 2020-11 edition · updated 2026-10-04 · California

All taxes collected pursuant to this article shall be expended only for the payment of bond principal and interest or only for the improvement district project for which levied, except that any surplus tax proceeds levied otherwise than for payment of bond principal and interest which remain after the completion of any improvement district project for which levied shall be transferred to the bond interest and redemption fund of such improvement district, if any, otherwise to the district’s general fund.

(Added by Stats. 1959, Ch. 442.)

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California Water Code

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