(A) In order that the rates and charges for storm water services may be in proportion to the cost of providing services to the various users or user classes, the town may cause a study to be made from time to time. Such study may include, but not be limited to, an analysis of the costs associated with the collecting, controlling and discharging of the storm water volume, delivery flow rate characteristics attributed to the various users or user classes and the financial position of the storm water utility and the adequacy of its revenue to provide reasonable funds for the operation and maintenance, replacements, debt service requirements and capital improvements to the storm water systems. The town may adjust its rates and charges to reflect the results of the study.
(B) Said studies shall be conducted by officers or employees of the town or by a firm of certified public accountants or a firm of consulting engineers, which firms shall have experience in such studies, or by such combination of officers, employees, certified public accountants or engineers as the town shall determine to be best under the circumstances. The town may, upon completion of said study, revise and adjust rates and charges as necessary in accordance therewith in order to maintain the proportionality and sufficiency of the rates.
(Ord. 2013-04, passed - -2013)