Revised Code of Washington - RCW Title 57 Water-Sewer Districts - Chapter 57.20 Finances

57.20.010 General obligation bonds -- Term -- Issuance -- Excess bond retirement levies
When general district indebtedness payable from annual tax levies to be made in excess of the constitutional and/or statutory tax limitations has been authorized, the ...

57.20.015 Refunding general obligation bonds
(1) The board of commissioners of any district may by resolution, without submitting the matter to the voters of the district, provide for the issuance ...

57.20.018 Revenue bonds authorized -- Use
(1) The commissioners may, without submitting a proposition to the voters, authorize by resolution the district to issue revenue bonds for the construction costs, interest ...

57.20.0181 Additional revenue bonds for increased cost of improvements
Whenever a district shall have adopted a general comprehensive plan and bonds to defray the cost thereof shall have been authorized by resolution of the ...

57.20.019 Additions and betterments
In the same manner as provided for the adoption of an original general comprehensive plan, a plan providing for additions and betterments to the original ...

57.20.020 Revenue bonds -- Special fund
(1) The commissioners shall have power and are required to create a special fund or funds for the sole purpose of paying the interest and ...

57.20.023 Covenants to guarantee payment of revenue bonds -- Bonds payable from same source may be issued on parity
The board of commissioners may make such covenants as it may deem necessary to secure and guarantee the payment of the principal of and interest ...

57.20.025 Refunding revenue bonds
The board of commissioners of any district may by resolution provide for the issuance of refunding revenue bonds to refund outstanding general obligation bonds and/or ...

57.20.027 Revenue warrants and revenue bond anticipation warrants
Districts may also issue revenue warrants and revenue bond anticipation warrants for the same purposes for which such districts may issue revenue bonds. The provisions ...

57.20.030 Local improvement guaranty fund
Every district in the state is authorized to create a fund for the purpose of guaranteeing, to the extent of such fund, and in the ...

57.20.080 Guaranty fund -- Subrogation of district as trustee
Whenever there shall be paid out of a guaranty fund any sum on account of principal or interest upon a local improvement bond, or on ...

57.20.090 Rights and remedies of bond owner
The owner of any local improvement bonds guaranteed under the provisions of this section and RCW 57.20.030 and 57.20.080 shall not have any claim therefor ...

57.20.105 Vote on general indebtedness
The commissioners may submit to the voters of the district at any general or special election, a proposition that the district incur a general indebtedness ...

57.20.110 Limitation of indebtedness
A district is authorized and empowered by and through its board of commissioners to contract indebtedness for its purposes, and the maintenance thereof not exceeding ...

57.20.120 Additional indebtedness -- Ballot proposition
A district may contract indebtedness in excess of the amount named in RCW 57.20.110, but not exceeding in amount, together with existing indebtedness, two and ...

57.20.130 Bonds -- Payment of interest
Any coupons for the payment of interest on bonds of any district shall be considered for all purposes as warrants drawn upon the general fund ...

57.20.135 Treasurer -- Designation -- Approval -- Powers and duties -- Bond
Upon obtaining the approval of the county treasurer, the board of commissioners of a district with more than twenty-five hundred water customers or sewer customers ...

57.20.140 Maintenance or general fund and special funds
The treasurer shall create and maintain a separate fund designated as the maintenance fund or general fund of the district into which shall be paid ...

57.20.150 Maintenance or general fund and special funds -- Use of surplus in maintenance or general fund
Whenever a district has accumulated money in the maintenance fund or general fund of the district in excess of the requirements of that fund, the ...

57.20.160 Maintenance or general fund and special funds -- Deposits and investments
Whenever there shall have accumulated in any general or special fund of a district money, the disbursement of which is not yet due, the board ...

57.20.165 Deposit account requirements
District money shall be deposited by the district in any account, which may be interest-bearing, subject to such requirements and conditions as may be prescribed ...

57.20.170 Maintenance or general fund and special funds -- Loans from maintenance or general funds to construction funds or other funds
The board of commissioners of any district may, by resolution, authorize and direct a loan or loans from maintenance funds or general funds of the ...