California Public Utilities Code

§ 29038

PUC § 29038Div. 10 · Part 2 · Ch. 6 · Art. 5

Statute text

The rates and charges for service furnished pursuant to this part shall be fixed by a two-thirds vote of the board and shall be reasonable. Insofar as practicable, the rates shall be fixed so as to result in revenue which will be sufficient to do all of the following:

(a)Pay the operating expenses of the district.

(b)Provide for repairs, maintenance, and depreciation of works owned or operated by the district.

…

Legislative history

Amended by Stats. 1981, Ch. 714, Sec. 391.