Statute · California Health and Safety Code
Cal. Health & Safety Code § 6550.15 — Improvement Districts
Cal. Health & Safety Code § 6550.15
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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…
Citator
Cal. Health & Safety Code § 6550.15 — Improvement Districts is in force in the current edition of the Code, and nothing recorded condemns it.
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.