50.10 SPECIAL FUND; ACCOUNTING.
   All revenues and moneys derived form the operation of the water and sewer systems shall be held by the Village Treasurer in a special water and sewer fund, separate and apart from all other moneys that may come into the hands of the Village Treasurer. The Village Treasurer shall install and maintain a proper system of accounts showing the amount of revenues received from the operation of the water and sewer systems and the application of said revenues, and such accounts shall be audited properly at least once a year.
(Ord. 714, passed 3-3-2003)