§54-24 Operating expenses, reserves, and appropriations. All receipts of the board of water supply other than from the sale of bonds shall be deposited daily in a bank by the board and the sums so deposited shall be accounted for and be paid into the county treasury at the end of each month and maintained in a special fund. The board may make appropriations and allowances from the fund for the following purposes:
(1) For the payment of the operating and maintenance expenses of the waterworks;
(2) For repairs, replacements, additions, and extensions;
(3) For accident reserve, pension charges, and compensation insurance;
(4) For payment of interest and sinking funds on all bonds issued for the acquisition or construction of the waterworks and extensions thereto and for the reserve fund. [L 1961, c 155, pt of §1; Supp, §145A-14; HRS §54-24]
Structure Hawaii Revised Statutes
Title 6. County Organization and Administration
54-1 Improvement by assessment.
54-13 Organization and meetings.
54-15 Powers and duties of board.
54-17 Outstanding obligations.
54-18 Purchase and sale of waterworks property; contracts.
54-19 Construction, additions, extensions, increases, betterments, and improvements.
54-20 Accounts, revenues and expenditures.
54-23 Provisions for payment of bonds, etc.
54-24 Operating expenses, reserves, and appropriations.
54-28 Agreement for joint use of utilities.
54-30 Deposit of money in banks.
54-31 Name and service of process; claims against the board.
54-32 Office and base yard facilities.
54-53 Organization and meetings.
54-56 Purchases and contracts.
54-57 Construction, additions, extensions, increases, betterments, and improvements.
54-58 Accounts, revenues, and expenditures.
54-65 Agreements for joint use of utilities.