Washington § 35.37.020 - Accounting — Surplus and deficit in utility accounts.

Full text of Washington Revised Code of Washington § 35.37.020 — Accounting — Surplus and deficit in utility accounts., with citation guidance and answers to common questions.

§ 35.37.020. Accounting — Surplus and deficit in utility accounts.

Any deficit for operation and maintenance of utilities and institutions owned and controlled by cities and towns having less than twenty thousand inhabitants, over and above the revenue therefrom, shall be paid out of the current expense fund. Any surplus in the waterworks fund, lighting fund, *cemetery fund, or other like funds at the end of the fiscal year shall be paid into the current expense fund except such part as the council by a finding entered into the record of the proceedings may conclude to be necessary for the purpose of:
(1) Extending or repairing the particular utility or institution; or
(2) Paying interest or principal of any indebtedness incurred in the construction or purchase of the particular utility or institution; or
(3) Creating or adding to a sinking fund for the payment of any indebtedness incurred in the construction or purchase of the particular utility or institution.
[ 1965 c 7 s 35.37.020. Prior: 1897 c 84 s 10, part; RRS s 5644, part.]

Notes

*Reviser's note: The "cemetery fund" was renamed the "cemetery account" by 2005 c 365 s 67.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 35.37.020

What does Revised Code of Washington § 35.37.020 cover?

Section 35.37.020 ("Accounting — Surplus and deficit in utility accounts.") is part of the Revised Code of Washington, the codified statutory law of Washington. 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 Washington § 35.37.020?

A common citation format is "Revised Code of Washington § 35.37.020" (Washington). 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 Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 35.37.020 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

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