Section 5040 Of Article 7. Rates And Collection From California Health And Safety Code >> Division 5. >> Part 3. >> Chapter 5. >> Article 7.
5040
. The governing body shall establish just and equitable rates
for the use and maintenance of the works, to be paid by the person
leasing or occupying the building or premises served thereby or that
in any way uses or is served by the works, and may change and
readjust the rates from time to time. The rates shall be sufficient
in each year for the payment of the proper and reasonable expenses of
operation, repair, replacement, and maintenance of the works, and
for payment of the principal of and the interest on the bonds.