§ 16076 Controller Debt Service Repayment Recomputation
When the Director of General Services says there is extra debt that can be paid, the Controller must redo the yearly payment calculation and tell the county supervisors, the district board, the county auditor, and the county school superintendent about the new payment before taxes are set.
A school district gets approval for extra borrowing to fix an old building.
The Controller will recalculate how much the district has to pay each year and send a written notice to the county supervisors, the school board, the county auditor, and the county superintendent before the county decides on its tax rates.
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§ 16076 Controller Debt Service Repayment Recomputation
Last verified: January 10, 2026