ARTICLE 6. Finances

Article 6 enacted by Stats. 1939, Ch. 60.

§§ 5025–5034 · 10 sections

• § 5025 All necessary preliminary expenses incurred by the governing body in carrying out this chapter, including the making of surveys, plans, and estimates of costs…
• § 5026 All compensation of employees, and all other expenses, incurred in carrying out the provisions of this chapter shall be paid solely from funds provided under…
• § 5027 After reimbursement and repayment to the district of all amounts advanced for preliminary expenses, all money, other than premiums and accrued interest,…
• § 5028 The money received from the collection of the rates, together with any other revenue derived from the operation of the works, shall be deposited in a bank by…
• § 5029 In the ordinance for the issuance of bonds the governing body shall provide that the revenues derived from the operation of the works shall be used only for:…
• § 5030 In its discretion the governing body may provide in the ordinance providing for the issuance of bonds that the management, maintenance, operation and repair…
• § 5031 All money received for premium and accrued interest shall be paid into a fund for the payment of interest on the bonds and used for the purposes for which it…
• § 5032 A district issuing bonds shall install and maintain a proper system of accounts, showing the amount of revenue received and its application. The district shall…
• § 5033 The treasurer is custodian of the funds derived from income received from the works constructed or acquired under the provisions of this chapter.
• § 5034 The treasurer shall give a proper surety bond for the faithful discharge of his duties as custodian, which bond shall be fixed and approved by the governing…