§ 103018 District Revenue Sources

Public Utilities Code·California

AI SummaryVerified

This law tells us what counts as “revenues” for the district – basically any money the district actually gets or is owed from running its system.

Key Takeaways

•Revenue means any money the district actually receives or is owed.
•It includes fares, tolls, rentals, and other income from the system.
•It also covers interest on money or securities, profits from selling securities, and money earned from district‑owned property.

Example

The district runs a public transit system and collects bus fares, rents out a building it owns, and earns interest on money it has saved in a bank.

All of those cash amounts – the bus tickets, the rent checks, and the bank interest – are counted as revenue under this law.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 103018 District Revenue Sources

“Revenues” means all rates, fares, tolls, rentals, or other income and revenue actually received or receivable by, or for the account of, the district from the operation of the system, including, without limiting the generality of the foregoing, interest allowed on any moneys or securities any profits derived from the sale of any securities, and any consideration in any way derived from any properties owned, operated, or at any time maintained by the district. (Added by Stats. 1974, Ch. 502.)

Last verified: January 11, 2026

Key Terms

Revenues rates fares tolls rentals interest profits securities properties

References

Official text at leginfo.legislature.ca.gov
California Legislature. Public Utilities Code. Section 103018.

§ 103018 District Revenue Sources

Public Utilities Code·California

AI SummaryVerified

§ 103018 District Revenue Sources

This law tells us what counts as “revenues” for the district – basically any money the district actually gets or is owed from running its system.

Key Takeaways

•Revenue means any money the district actually receives or is owed.
•It includes fares, tolls, rentals, and other income from the system.
•It also covers interest on money or securities, profits from selling securities, and money earned from district‑owned property.

Example

The district runs a public transit system and collects bus fares, rents out a building it owns, and earns interest on money it has saved in a bank.

All of those cash amounts – the bus tickets, the rent checks, and the bank interest – are counted as revenue under this law.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 103018 District Revenue Sources

Last verified: January 11, 2026

Key Terms

Revenues rates fares tolls rentals interest profits securities properties

References

Official text at leginfo.legislature.ca.gov
California Legislature. Public Utilities Code. Section 103018.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References