PART 5. FINANCES [60240. - 60292.]
Part 5 added by Stats. 1955, Ch. 1514.
§§ 60240–60292 · 25 sections
CHAPTER 1. Depositary § 60240 · 1 section
- § 60240 Any money belonging to a district may be deposited or invested and drawn out as provided in Title 5, Division 2, Part 1, Chapter 4, Article 2 of the Government…
CHAPTER 2. Water Charge §§ 60245–60246 · 2 sections
CHAPTER 3. Taxes §§ 60250–60257 · 8 sections
- § 60250 To the extent that the revenues resulting from water charges authorized by Section 60245 of this act are inadequate to meet the obligations and expenses…
- § 60251 The board shall determine the amounts necessary to be raised by taxation during the fiscal year and shall fix the rate or rates of tax to be levied which will…
- § 60252 The board shall direct that at the time and in the manner required by law for the levying of taxes for county purposes, such board of supervisors shall levy,…
- § 60253 Taxes for the payment of the interest on or principal of any bonded debt shall be levied on the real property and improvements thereon, but not on personal…
- § 60254 Taxes for other purposes of the district shall be levied on all real property and improvements thereon, but not on personal property in the district.
- § 60255 It shall be the duty of all county officials charged with the duty of collecting taxes to collect the taxes provided for herein in time, form and manner as…
- § 60256 All taxes provided for herein shall be a lien on all the real property and improvements thereon, but not on personal property within the district, and their…
- § 60257 When mineral rights are assessed separately from other rights in any parcel of real property no tax shall be levied under this division upon such mineral…
CHAPTER 4. Bonds §§ 60270–60282 · 13 sections
- § 60270 Whenever the board deems it necessary for the district to incur a bonded indebtedness, the board shall, by resolution, so declare and state the purpose for…
- § 60271 The board shall fix a date upon which an election shall be held for the purpose of authorizing said bonded indebtedness to be incurred.
- § 60272 It shall be the duty of the board to provide for holding such special election on the day so fixed and in accordance with the provisions of the Elections Code…
- § 60273 Such board shall give notice of the holding of such election, which notice shall contain the text of the resolution adopted by the board of the district, the…
- § 60274 In case such election is consolidated with a state or county election, the precincts, polling places, and election officers shall be the same as provided for…
- § 60275 The notice shall be published in such district pursuant to Section 6066 of the Government Code in a newspaper or newspapers designated by the board. If there…
- § 60276 All the expenses of holding such election shall be borne by the district.
- § 60277 The returns of such election shall be made, the votes canvassed by said board within seven days following said election, and the results thereof ascertained…
- § 60278 The secretary of the board, as soon as the result is declared, shall enter in the records of such board a statement of such results.
- § 60279 No irregularities or informalities in conducting such election shall invalidate the same, if the election shall have otherwise been fairly conducted.
- § 60280 Any action or proceeding, wherein the validity of any such bonds or of the proceedings in relation thereto is contested, questioned or denied, shall be…
- § 60281 If from such returns it appears that more than two-thirds of the votes cast at such election held pursuant to the provisions of this chapter were in favor of…
- § 60282 Any bonds issued by any district are hereby given the same force, value and use as bonds issued by any city and shall be exempt from all taxation within the…
CHAPTER 5. District Reserves and Accounting § 60292 · 1 section
- § 60292 (a) The district shall order, review, and maintain on file an independent, audited financial statement not later than 180 days from the conclusion of the…