Prior to May 1 of each year, the Clerk-Treasurer shall prepare and present to the Board of Trustees an accounting of operation and maintenance expenses and debt service for the immediately preceding calendar year, and the Common Council shall, upon receiving said accounting, effect any change in the monthly sewer rates and charges necessary to produce revenues proportionate to costs for each user.
('74 Code, § 12-14) (Ord. 77-3, passed 5-5-77)