§ 13592 Special District Fund Recovery

• •If the district gives out money, they can get it back by adding a small tax to property in the area.
• •The tax is only added if it’s at least $0.001 for every $100 of a property’s value.
• •If the tax would be less than $0.001 per $100, they don’t have to add it.

A special district spends money to fix a park and wants to get the money back by taxing nearby homes.

They can add a small tax to the homes, but only if the tax is at least $0.001 for every $100 of the home’s value. If the tax would be smaller than that, they can’t make people pay it back.