The rates hereby fixed are estimated to be sufficient to provide for the expenses of operation, maintenance and replacement of the system and to preserve the same in good repair and working order. Such rates shall be fixed and revised from time to time as may be necessary to produce these amounts. An annual audit shall be prepared. Based on said audit, rates for sewage services shall be reviewed annually and revised as necessary by the Franklin Village Council by resolution to meet system expenses and to ensure that all user classes pay their proportionate share of operation, maintenance and equipment replacement costs.
(Ord. 179. Passed 8-17-92.)