Pub. Util. Code, § 16467 · Article 3. Utility Works and Services
Pub. Util. Code, § 16467
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Only revenue producing utilities shall be acquired, owned, or operated by a district. So far as possible the board shall fix such charges for commodities or service furnished by any revenue producing utility as will pay all of the expenses of the government of the district, or such portion as the board determines justly apportionable to such utility. The expenses to be paid include:
(a) Salaries, office expenses, and other necessary disbursements.
(b) The operating expenses of the utility.
(c) The interest on any indebtedness incurred for the acquisition, construction, and completion of the utility.
(d) Provisions for a sinking or other appropriate fund for the payment of the principal of such debt as it becomes due.
(e) Provisions for an appropriate fund for repairs, replacements, and betterments.
It is the intention of this section that a district pay all of such charges and expenditures and the interest and principal of its debt from the revenues derived by the district from the operation of its public utilities, and that each public utility owned and operated by a district shall be self-sustaining.
Notes and commentary — not statutory text
History
Added by Stats. 1953, Ch. 72.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=16467.
- Text hash
- sha256 f6698832f580681e1ea389b249ce4d6e99c05a4d6e98a2cc407c65ea8eb707e7
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Cited by 3 provisions
Provisions in this library whose text cites Pub. Util. Code, § 16467. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.