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2015 Code of Virginia
Title 21 - Drainage, Soil Conservation, Sanitation and Public Facilities Districts
§ 21-370. Application of surplus to reduce assessment for following year

VA Code § 21-370 (2015) What's This?

When the sum actually collected on any such assessment shall be more than sufficient to pay the principal and interest for the next succeeding year, a proper allowance for such surplus shall be made in the following assessment, and the percentage may be reduced accordingly.

Code 1919, ยง 1771; 1924, p. 711; 1926, p. 620; 1936, p. 1034.

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