Terms Used In California Codes > Water Code > Division 7 > Chapter 6 > Article 2 - Loans to Local Agencies

• Contract: A legal written agreement that becomes binding when signed.
• County: includes city and county. See California Water Code 14
• Facilities: means any of the following:

  California Water Code 13400

• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
• Fund: means the State Water Quality Control Fund. See California Water Code 13400
• Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. ^{Source: OCC}
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Pollution: means an alteration of the quality of the waters of the state by waste to a degree which unreasonably affects either of the following:

  California Water Code 13050

• Public agency: means any city, county, city and county, district, or other political subdivision of the state. See California Water Code 13400
• Recycled water: means water which, as a result of treatment of waste, is suitable for a direct beneficial use or a controlled use that would not otherwise occur and is therefor considered a valuable resource. See California Water Code 13050
• State: means the State of California, unless applied to the different parts of the United States. See California Water Code 18
• State board: means the State Water Resources Control Board. See California Water Code 13050
• Waste: includes sewage and any and all other waste substances, liquid, solid, gaseous, or radioactive, associated with human habitation, or of human or animal origin, or from any producing, manufacturing, or processing operation, including waste placed within containers of whatever nature prior to, and for purposes of, disposal. See California Water Code 13050