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California Code, Water Code - WAT § 71671

Current as of January 01, 2023 | Updated by FindLaw Staff

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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Cite this article: FindLaw.com - California Code, Water Code - WAT § 71671 - last updated January 01, 2023 | https://codes.findlaw.com/ca/water-code/wat-sect-71671/

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