§ 25894 Bond Tax Collection Requirements

• •This law is about special taxes for paying back money borrowed by a district (like a school or city area).
• •These taxes are extra and on top of other taxes the district already charges.
• •The money from these taxes can only be used to pay back the borrowed money (bonds) and the interest on it.
• •The taxes are collected the same way and at the same time as other district taxes.

Imagine your school district borrows money to build a new school. To pay back that money, they add an extra tax to your property tax bill.

This extra tax can’t be used for anything else, like teacher salaries or buying books. It can only go toward paying back the loan and the interest. It’s collected the same way as your other property taxes.