CA Water Code Section 71616


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.
Last Updated

Aug. 19, 2023

§ 71616’s source at ca​.gov