A. All sewer charge money shall be placed in the sewage fund. Sewer charge moneys for the operation, maintenance and replacement shall be kept in separate accounts from the moneys collected from the debt service charge. Sewer charge funds shall be used to cover costs as outlined in Section 13.32.370
B. Expenditures shall be made by the city management with the detailed annual budget and ordinances authorized by the city council as a guideline.
C. Expenditures from the replacement reserve on facilities shall be for making renewals to accommodate wear of physical elements and/or movable property, which would result in an extended useful life or meet the anticipated useful life.
D. An audit shall be performed at least annually. Such audit shall be performed by a certified public accountant selected by the city council.
(Ord. 93-24 Art. I (part), 1992; Ord. 80-19 Art. III § 1, 1979).