§ 53192 Reimbursement Agreement Obligations

• •If a local agency has a deal to pay back money, it's not like a normal debt.
• •The agency doesn't have to use its own money or property to pay it back.
• •The only money used to pay it back comes from special fees or taxes set up just for this deal.

A city makes a deal to build a new park and agrees to pay back the money over time.

The city doesn't have to use its regular money, like from taxes on houses, to pay for the park. Instead, it can only use money from a special fee added to people's bills just for the park.