Utah § 17D-1-506 Governing body required to fix rates to cover district expenses and bonds.

Utah Statutes

§ 17D-1-506 — Governing body required to fix rates to cover district expenses and bonds.

Utah § 17D-1-506

Title 17DLimited Purpose Local Government Entities - Other Entities

Ch. 17D-1Special Service District Act

Part 17D-1-5Special Service District Bonds

This text of Utah § 17D-1-506 (Governing body required to fix rates to cover district expenses and bonds.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 17D-1-506 (2026).

Text

The governing body shall fix the rate or rates for services or commodities provided by the special service district that will, in conjunction with the proceeds of any maintenance and operation tax and other special service district revenues:

(1)pay the special service district's operating expenses;

(2)provide for repairs and depreciation of works owned or operated by the special service district;

(3)pay the interest on any bonds issued by the special service district; and

(4)provide, as much as practicable, a sinking or other fund to pay the principal of the bonds as they become due.

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The governing body shall fix the rate or rates for services or commodities provided by the special service district that will, in conjunction with the proceeds of any maintenance and operation tax and other special service district revenues:
(1) pay the special service district's operating expenses;
(2) provide for repairs and depreciation of works owned or operated by the special service district;
(3) pay the interest on any bonds issued by the special service district; and
(4) provide, as much as practicable, a sinking or other fund to pay the principal of the bonds as they become due.