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;

Terms Used In Hawaii Revised Statutes 54-24

  • Board: means the board of water supply of each county;

    "Council" means the council of each county;

    "County" means a county or city and county of the State;

    "County attorney" means the legal advisor of a county;

    "County auditor" means the auditor or finance officer of a county performing the audit function;

    "County treasurer" means the county official maintaining its treasury;

    "Mayor" means the executive officer of a county. See Hawaii Revised Statutes 54-11

  • county: includes the city and county of Honolulu. See Hawaii Revised Statutes 1-22
  • month: means a calendar month; and the word "year" a calendar year. See Hawaii Revised Statutes 1-20
(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.

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