Section 150103 Of Chapter 3. Administration From California Public Utilities Code >> Division 15.5. >> Chapter 3.
150103
. The authority shall expend only that amount of the funds
generated pursuant to this division for staff support, audit,
administrative expenses, and contract services that are necessary and
reasonable to carry out its responsibilities pursuant to this
division.
The authority shall not expend more than 5 percent of the funds
generated pursuant to this division in any year for salaries and
benefits of its staff.