Board of trustees required to fix rates to cover district expenses and bonds.

1. Law
2. Utah Code
3. Limited Purpose Local Government Entities - Local Districts
4. Provisions Applicable to All Local Districts
5. Local District Bonds
6. Board of trustees required to fix rates to cover district expenses and bonds.

• (1) pay the district's operating expenses;

• (2) provide for repairs and depreciation of works owned or operated by the district;

• (3) pay the interest on any bonds issued by the district; and

• (4) provide, as much as practicable, a sinking or other fund to pay the principal of the bonds as they become due.

Download our app to see the most-to-date content.