Section § 27280

Explanation

This law says that the board is responsible for setting the toll fees for using travel facilities built by the district. The general manager will then collect these toll fees.

The board shall fix all tolls for the use of the facilities of travel constructed by the district, and shall collect such tolls through the general manager.

Section § 27281

Explanation

The general manager needs to provide the board with an estimate of tolls required to meet the district's financial obligations. Based on this estimate, the board sets the tolls to cover the following priorities: First, cover the district's operating expenses. Second, pay for repairs and maintenance of district works, including saving for replacement of buses and ferries. Third, fund the purchase or lease of district equipment and property, as well as any related financial obligations. Fourth, pay off any debts or liens on the district or its assets.

The general manager shall furnish the board with an estimate of the tolls necessary to pay the obligations of the district. The board shall, upon the recommendation of the general manager, or such modifications thereof as it may adopt, fix such tolls as will:
(a)CA Streets And Highways Code § 27281(a) First, pay the operating expenses of the district.
(b)CA Streets And Highways Code § 27281(b) Second, provide for repairs and maintenance of works owned or operated by the district, including any payments to be made into a replacement fund for buses and ferries.
(c)CA Streets And Highways Code § 27281(c) Third, provide for the purchase, lease, or other acquisition of district equipment, supplies, and other properties, including provision for interest, sinking funds, reserve funds, or other funds required for the payment of any obligations incurred by the district for the acquisition of such properties.
(d)CA Streets And Highways Code § 27281(d) Fourth, pay any indebtedness or lien that may exist against the district or any of its property or revenues.

Section § 27282

Explanation

This law allows the board to set tolls for people traveling in just one direction on a travel facility built by the district. This means travelers going the opposite way don't have to pay a toll.

The board may fix tolls for travel in one direction only on a facility of travel constructed by the district, with no tolls collected for travel in the other direction.