A. The village treasurer shall establish a proper system of accounts and shall keep proper books, records, and accounts in which complete and correct entries shall be made of all transactions relative to the sewerage revenue fund, and at regular annual intervals shall cause to be made an audit of the books to show the receipts and disbursements of said fund by the certified public accountants for the village.
B. In addition to the customary operating statements, the annual audit report shall also reflect the revenues and operating expenses of the sewerage works, including a replacement cost, to indicate that sewer user service charges do in fact comply with this chapter. In this regard, the financial information to be shown in the audit report shall include the following:
1. Flow data showing total gallons of wastewater flow for the fiscal year.
2. Billing data to show total number of gallons billed.
3. Debt service for the next succeeding fiscal year.
4. Number of users connected to the sewerage works.
5. Number of nonmetered users.
6. A list of users discharging industrial wastes and volume of waste discharged. (Ord. 2010-01, 1-26-2010)