Haw. Rev. Stat. § 54-24
Operating expenses, reserves, and appropriations
Hawaii · Hawaii Revised Statutes Chapter 54 — Water Systems · Status: effective
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- Citation
- Haw. Rev. Stat. § 54-24, Operating expenses, reserves, and appropriations, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2395824
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Full text
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.