This law states that the expenses for improvements in a designated improvement district must be covered solely by funds collected from a special assessment on properties within that district. This means that only the land in the specific area being improved will be taxed to pay for those improvements.

This law states that improvement district warrants, which are financial obligations or debts, must be paid using the money collected from a specific type of tax. This tax is levied specifically on the land within the improvement district and is intended to fund improvements in that area.

Funds from improvement district warrants must be exclusively spent on the specific projects or upgrades that the district was created to address, along with any related necessary costs.

This law allows an improvement district to pay for improvements using money from its general fund or any special or construction fund available. The funds used must be repaid when money is collected from assessments related to the improvement or from selling improvement district warrants.

If more money is collected from an assessment in an improvement district than needed, the extra funds can be used in a few ways. They can either be kept in a special account for operating costs, moved to the district's general fund for projects that benefit local land, or returned to landowners based on how much each contributed. The official records will identify landowners, ignoring unknown or fake names.

This law states that money collected from assessments or charges related to improvement districts must be kept in a separate fund specifically for operating the improvement district. This ensures the funds are used to support the district's ongoing activities.