California Statutes
§ 71671. — 71671. (Added by Stats. 1963, Ch. 156.)
California·Code WAT Water Code - WAT·Div. 20. DIVISION 20. MUNICIPAL WATER DISTRICTS·Part 5. PART 5. POWERS AND PURPOSES·Ch. 3. CHAPTER 3. Other Functions·Art. 2. ARTICLE 2. Sewage, Waste, and Storm Water Disposal
The revenues from the rates and charges for services and facilities furnished pursuant to this article may be used for the following purposes:
(a)To pay the operating and maintenance expenses of the facilities.
(b)To provide a reasonable surplus for improvements, extensions, and enlargements.
(c)To pay the interest on any bonded debt for the facilities.
(d)To provide a sinking or other fund for the payment of the principal of such bonded debt as it becomes due.
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California § 71671. (71671. (Added by Stats. 1963, Ch. 156.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1963, Ch. 156.