The board of supervisors of each affected county shall, annually, at the time of levying county taxes, levy an assessment tax to be known as the “____ (name of district) water conservation district assessment,” sufficient to raise the amount (except the amount required to pay principal and interest of bonds) reported to it by the board, and shall also levy an assessment tax to be known as the “____ (name of district) water conservation district bond fund assessment,” sufficient to raise the amount for bond service reported to it by the board.
AssessmentsLevy of Assessments
Section § 75370
Every year, the board of supervisors in each county affected by a water conservation district must impose two types of taxes. These include a general district assessment to cover the district's costs and a bond fund assessment specifically for servicing bonds. They need to collect enough money through these taxes to meet the financial needs reported by the district board, excluding costs related to the principal and interest on bonds.
county supervisors annual tax levy water conservation district
Section § 75371
This law requires the board of supervisors in each affected county to set the assessment rate for land by first accounting for expected unpaid assessments. They do this by subtracting 15% from the total assessed land value due to potential delinquencies. The needed amount to be raised in the county is then divided by this adjusted total. If the calculation results in a part of a cent per $100 in valuation, it is rounded up to a full cent.
The board of supervisors of each affected county shall determine the rate of each of the assessments referred to in Section 75370 by deducting 15 percent for anticipated delinquencies from the total assessed value of the land in the district within the county, as it appears on the assessment roll of the county, and then dividing the sum reported by the board, as required to be raised in the county, by the remainder of such total assessed value. If a fraction of a cent occurs on a valuation of one hundred dollars ($100), it shall be taken as a full cent.
board of supervisors affected county assessment rate
Section § 75372
This law says that the tax collected to pay off bond principal and interest must be deposited into the district's bond fund, and it can only be used to pay off the principal and interest of those bonds. It can't be used for anything else until the entire principal and interest are completely paid.
The assessment tax levied to pay bond principal and interest, when collected, shall be paid into the bond fund of the district and shall be used only for the payment of principal and interest of the bonds of the district and for no other purpose until such principal and interest have been fully paid.
assessment tax bond principal interest payment
Section § 75373
This law states that if a district is formed following certain rules and all its bonds are payable through assessments on all real property in the district, then the annual assessments should be on all real property. These assessments are intended for specific purposes outlined in Chapter 1 of this part, and the process to levy these assessments should follow the usual methods detailed in Chapter 1, but whenever the term "land" is mentioned, it should be understood as "real property."
If the provisions of Section 74056 are complied with in the formation of a district so that all bonds of the district and of any improvement district created therein are payable from assessments levied upon all real property within the district or improvement district, as the case may be, annual assessments for the purposes provided in Chapter 1 (commencing with Section 75350) of this part shall be upon all real property within the district and shall be levied in the manner generally provided in Chapter 1 and this chapter for the levy of assessments upon land only; except that all references to “land” therein, including such references in Sections 75357 and 75358, shall be deemed to refer to “real property.”
real property assessments district formation bond payments
Section § 75374
This law requires that assessments (which are like taxes) be calculated and recorded by the county auditor. If the board of supervisors doesn't set these assessments, the county auditor must do it instead. These assessments are collected alongside state and county taxes and go into the county treasury for the district's use.
The assessments levied pursuant to this chapter shall be computed and entered on the assessment roll by the county auditor, and if the board of supervisors fails to levy the assessments the county auditor shall do so. Such assessments shall be collected at the same time and in the same manner as state and county taxes and when collected shall be paid into the county treasury for the use of the district.
county auditor board of supervisors assessments
Section § 75375
This section states that the rules from the Revenue and Taxation Code about how to impose and collect assessments are adopted for use here, as long as they don't conflict with this division's rules. County officers must follow these duties and are responsible under their official bonds for doing so accurately and faithfully.
The provisions of the Revenue and Taxation Code, prescribing the manner of levying and collecting assessments and the duties of the several county officers with respect thereto, are, so far as they are applicable and not in conflict with the specific provisions of this division, hereby adopted and made a part hereof. Such officers shall be liable upon their several official bonds for the faithful discharge of the duties imposed upon them by this division.
levying assessments collecting assessments county officers' duties
