49 chapters · 1,261 sections in this title.
RCW 35.37.010 Accounting—Funds.
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Every city and town having less than twenty thousand inhabitants shall maintain a current expense fund out of which it must pay current expenses. It shall also maintain an "indebtedness fund," and if it has outstanding general indebtedness bonds, it must maintain a sinking fund t…
RCW 35.37.020 Accounting—Surplus and deficit in utility accounts.
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Any deficit for operation and maintenance of utilities and institutions owned and controlled by cities and towns having less than twenty thousand inhabitants, over and above the revenue therefrom, shall be paid out of the current expense fund. Any surplus in the waterworks fund, …
RCW 35.37.027 Validation of preexisting obligations by former city.
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All elections for the validation of any debt created by any city or town which has since become consolidated with any other city or town shall be by ballot, and the vote shall be taken in the new consolidated city as constituted at the time of the election.[ 1965 c 7 s 35.37.027.…
RCW 35.37.030 Applicability of chapter.
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The provisions of the remainder of this chapter shall not be applied to cities of the first class nor to borrowing money and issuing bonds by any city or town for the purpose of supplying it with water, artificial light, or sewers if the works for supplying the water, artificial …
RCW 35.37.040 Authority to contract debts—Limits.
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Every city and town, may, without a vote of the people, contract indebtedness or borrow money for strictly municipal purposes on the credit of the city or town and issue negotiable bonds therefor in an amount which when added to its existing nonvoter approved indebtedness will no…
RCW 35.37.050 Excess indebtedness—Authority to contract.
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Every city and town may, when authorized by the voters of the city or town pursuant to Article VIII, section 6 of the state Constitution at an election held pursuant to RCW 39.36.050, contract indebtedness or borrow money for strictly municipal purposes on the credit of the city …
RCW 35.37.090 General indebtedness bonds—Issuance and sale.
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All general indebtedness bonds shall be issued and sold in accordance with chapter 39.46 RCW.[ 1984 c 186 s 17; 1983 c 167 s 36; 1965 c 7 s 35.37.090. Prior: (i) 1891 c 128 s 5, part; RRS s 9543, part. (ii) 1891 c 128 s 6, part; RRS s 9544, part.]Notes:Purpose—1984 c 186: See not…
RCW 35.37.110 General indebtedness bonds—Taxation to pay.
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So long as any general indebtedness bonds are outstanding an amount sufficient to pay the interest upon them as it accrues shall be included in each annual levy for municipal purposes and a sufficient amount shall be included in each annual levy for payment of principal so that a…
RCW 35.37.120 General indebtedness bonds—Taxation—Failure to levy—Remedy.
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If the council of any city or town which has issued general indebtedness bonds fails to make any levy necessary to make principal or interest payments due on the bonds, the owner of any bond or interest payment which has been presented to the treasurer and payment thereof refused…