Section 11455 Of Article 2. General Powers And Duties From California Water Code >> Division 6. >> Part 3. >> Chapter 3. >> Article 2.
11455
. The department shall enter into such contracts and fix and
establish such prices, rates, and charges so as at all times to
provide revenue which will afford sufficient funds to pay all costs
of operation and maintenance of the works authorized by this part,
together with necessary repairs and replacements thereto, and which
will provide at all times sufficient funds for redemption of all
bonds and payment of interest thereon, as and when such costs and
charges become due and payable.