ARTICLE 7. Determination of and Alternative Methods of Payment of Debt Service and Costs of Maintenance and Operation

Article 7 added by Stats. 1975, Ch. 291.

§§ 72073–72077 · 5 sections

• § 72073 The board annually shall cause to be prepared a written report stating the reasons for and conclusions of the board upon the following, together with any…
• § 72074 Annually, prior to approving the annual budget for the district, the board of directors shall hold a public hearing for the purpose of considering the report…
• § 72075 Notice of the hearing to be held pursuant to Section 72074 shall be given by publishing a copy, pursuant to Section 6066 of the Government Code, at least 15…
• § 72076 At the conclusion of the hearing, the board shall, by resolution, determine the following: (a) The amount of the total debt service on any bond indebtedness…
• § 72077 The amount of such debt service and maintenance and operation costs to be raised in each improvement district established under this chapter shall be paid by…