Wat. Code, § 31007 · Article 1. Powers Generally
Wat. Code, § 31007
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The rates and charges to be collected by the district shall be so fixed as to yield an amount sufficient to do each of the following:
(a) Pay the operating expenses of the district.
(b) Provide for repairs and depreciation of works owned or operated by the district.
(c) Pay the interest on any bonded debt.
(d) So far as possible, provide a fund for the payment of the principal of the bonded debt as it becomes due.
It is intended by this section to require the district to pay the interest and principal of its bonded debt from the revenues of the district, except that this requirement is not intended to apply to a bonded debt for sewage disposal purposes.
Notes and commentary — not statutory text
History
Added by renumbering Section 31006 by Stats. 1953, Ch. 451.
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=WAT§ionNum=31007.
- Text hash
- sha256 16bb9ed70cd36bdff1ff8ea77f11aaa6be0dcca6f311397ecd0447b0d4715121
- 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
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.