California Law (Last Updated: March 4, 2014) |
Education Code - EDC |
Title 1. GENERAL EDUCATION CODE PROVISIONS |
Division 1. GENERAL EDUCATION CODE PROVISIONS |
Part 10. SCHOOL BONDS |
Chapter 1. Bonds of School Districts and Community College Districts |
ARTICLE 9. Tax for Payment of Bonds |
Section 15252.
Latest version.
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The board of supervisors of the county, the superintendent of schools which has jurisdiction over any school district, shall annually at the time of making the levy of taxes for county purposes estimate the amount of money required to meet the payment of the principal and interest on bonds of the district authorized by the electors of the district and not sold, and which the governing board of the district informs the board in their belief will be sold before the next tax levy, and the board of supervisors shall levy a tax sufficient to pay the principal and interest so estimated.
(Repealed and added by Stats. 1996, Ch. 277, Sec. 2. Effective January 1, 1997. Operative January 1, 1998.)