California Water Code
§ 25653
WAT § 25653Div. 11 · Part 10 · Ch. 2 · Art. 1
Statute text
View on leginfo.ca.govThe annual assessment may include a levy sufficient to raise any or all of the following:
(a)The amount that the board determines is necessary for a depreciation fund for the replacement or reconstruction of any specific units of its works.
(b)The amount that the board determines is necessary, not to exceed 4 percent of the aggregate value of the land according to the latest equalized assessment, and not otherwise provided for, to pay for the maintenance and operation of the district for the ensuing calendar year.
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Legislative history
Amended by Stats. 1953, Ch. 1507.