California § 31007 - The rates and charges to be collected by the district shall be so fixed as to yie
Full text of California Public Contract Code - PCC § 31007 — The rates and charges to be collected by the district shall be so fixed as to yie, with citation guidance and answers to common questions.
§ 31007. The rates and charges to be collected by the district shall be so fixed as to yie
The rates and charges to be collected by the district shall be so fixed as to yield an amount sufficient to do each of the following: (a) Pay the operating expenses of the district. (b) Provide for repairs and depreciation of works owned or operated by the district. (c) Pay the interest on any bonded debt. (d) So far as possible, provide a fund for the payment of the principal of the bonded debt as it becomes due. It is intended by this section to require the district to pay the interest and principal of its bonded debt from the revenues of the district, except that this requirement is not intended to apply to a bonded debt for sewage disposal purposes.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 31007
What does Public Contract Code - PCC § 31007 cover?
Section 31007 ("The rates and charges to be collected by the district shall be so fixed as to yie") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 31007?
A common citation format is "Public Contract Code - PCC § 31007" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 31007 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.