Section 71671.  


Latest version.
  • The revenues from the rates and charges for services and facilities furnished pursuant to this article may be used for the following purposes:

    (a) To pay the operating and maintenance expenses of the facilities.

    (b) To provide a reasonable surplus for improvements, extensions, and enlargements.

    (c) To pay the interest on any bonded debt for the facilities.

    (d) To provide a sinking or other fund for the payment of the principal of such bonded debt as it becomes due.

(Added by Stats. 1963, Ch. 156.)