Cal. Sts. & Hy. Code § 22657

Current through the 2023 Legislative Session.

Section 22657 - Deficit

If there is a deficit in the improvement fund of an assessment district during any fiscal year, the legislative body, from any available and unencumbered funds of the local agency, may provide for:

(a) A contribution to the improvement fund.

(b) A temporary advance to the improvement fund and direct that the advance be repaid from the next annual assessments levied and collected within the assessment district.

Ca. Sts. and High. Code § 22657

Added by Stats. 1972, Ch. 630.