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.