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Section 71616 Of Article 1. Development And Sale From California Water Code >> Division 20. >> Part 5. >> Chapter 2. >> Article 1.

71616
. A district, so far as practicable, shall fix such rates for water in the district, and in each improvement district therein, as will result in revenues which will:
  (a) Pay the operating expenses of the district and the improvement district.
  (b) Provide for repairs and depreciation of works.
  (c) Provide a reasonable surplus for improvements, extensions, and enlargements.
  (d) Pay the interest on any bonded debt.
  (e) Provide a sinking or other fund for the payment of the principal of such bonded debt as it becomes due.
  (f) Repay advances, together with interest at a rate not to exceed the interest value of money to the district, made from the district to an improvement district.