Cal. Gov. Code § 43823
Current through the 2023 Legislative Session.
Such taxes are in addition to all other taxes levied and collected for municipal purposes and for meeting payments on the principal and interest of the bonded indebtedness as they fall due. They shall be levied and collected at the time and in the manner of other municipal taxes, and be used only for the purpose of paying bonds prior to maturity.
Ca. Gov. Code § 43823