Statute · California Water Code
Cal. Water Code § 71616 — Development and Sale
Cal. Water Code § 71616
- Type
- Statute
- Source
- California Water Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A district, so far as practicable, shall fix such rates for water in the district, and in each improvement district therein, as will result in revenues which will:
Citator
Cal. Water Code § 71616 — Development and Sale is in force in the current edition of the Code, and nothing recorded condemns it.
A district, so far as practicable, shall fix such rates for water in the district, and in each improvement district therein, as will result in revenues which will:
(a) Pay the operating expenses of the district and the improvement district.
(b) Provide for repairs and depreciation of works.
(c) Provide a reasonable surplus for improvements, extensions, and enlargements.
(d) Pay the interest on any bonded debt.
(e) Provide a sinking or other fund for the payment of the principal of such bonded debt as it becomes due.
(f) Repay advances, together with interest at a rate not to exceed the interest value of money to the district, made from the district to an improvement district.