California · Health and Safety Code - HSC
HSC §6783: The board shall, then, before September 1st, estimate the amount of money needed and fix the rate of taxation for district purposes and for the payment of the principal and interest of that year upon
What this law says, in plain English
A board must estimate required funds and set tax rates before September 1st for district operations and debt payments.
Read the full statutory text
The board shall, then, before September 1st, estimate the amount of money needed and fix the rate of taxation for district purposes and for the payment of the principal and interest of that year upon outstanding bonds and the payment of the principal and interest that the board believes will become due during the year on bonds authorized but not sold.
Verify at the official source: California legislative text
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