Every district by its board, each year within 15 days after the close of its session as a board of equalization, shall levy an assessment sufficient to raise all of the following:
- (a) Annual interest on any outstanding bonds of the district except to the extent that provision is otherwise made as permitted by law.
- (b) Principal of outstanding bonds of the district as they mature except to the extent that provision is otherwise made as permitted by law.
- (c) Obligations of the district due or to become due within the succeeding 12 months except to the extent that provision is otherwise made as permitted by law.
- (d) A sum which with the other revenue of the district will meet the estimated current expenses of the district for the succeeding 12 months.