The city hereby establishes a Wastewater Service Fund into which all revenue collected from users will be deposited for disbursements into the General Operating Fund and the Replacement Fund. For the purpose of community and cost accounting records, this fund is designated as an income account. Revenue sufficient to ensure adequate replacement shall be held in the replacement fund separate from the Operation and Maintenance Fund proportionately to each fund.
(Prior Code, § 12-2217) (Ord. 04-2015, passed 9-15-2015)