The cost to be recovered pursuant to this chapter and the costs to be fixed by the village in § 52.03(C) shall be determined and allocated in each of the following categories:
(A) Category A, Debt Service for Wastewater Disposal System Facilities Project. This shall be the amount of the annual interest and principal cost necessary to retire the bond or bonds issued to pay for the local share of any necessary capital improvement projects along with any other interest and principal related to capital costs for facilities owned by the village;
(B) Category B, Operation and Maintenance; Wastewater Disposal System Facilities. This shall be the annual cost of operating and maintaining the wastewater disposal system facilities, including an amount for replacement costs of equipment, which shall be segregated in a separate fund; and
(C) Category C, Administration of Wastewater Disposal System Facilities. This shall be the annual cost of administrating the wastewater disposal system, including billing and collecting charges, audits of accounts and insurance.
(Ord. 129, passed 5-19-1992)