§ 54514
53 words·~1 min read·
/ca/government-code/54514A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subject to the provisions of Section 54516.1, the local agency shall prescribe, revise, and collect such charges that the services, facilities or water of the enterprise are furnished at the lowest possible cost consistent with sound economy, and prudent management, and the security and payment of the principal and interest of the bonds.