(A) The Sewerage and Water Works Commission shall maintain financial records to accurately account for revenues generated by the treatment system and expenditures for operation and maintenance of the system, including normal replacement costs.
(B) The Sewerage and Water Works Commission shall review not less often than annually the waste water contribution of users, the total cost of operation, maintenance and replacement of the waste water works, debt service obligations and user charge rates. Based on the review, the City Council shall revise, when necessary, the schedule of user charge rates to accomplish the following:
(1) Maintain an equitable distribution of operation, maintenance, and replacement costs among users of the treatment system; and
(2) Generate sufficient revenues to offset costs associated with the proper operation and maintenance of the waste water system and to meet debt service requirements.
(C) Excessive strength and toxicity surcharges shall be reviewed at the time of and in conjunction with the review of user charges. Surcharge rates shall be revised where necessary to reflect current treatment and monitoring costs. Surcharge rates may be modified by regulation duly passed by the Sewerage and Water Works Commission.
(D) Each user shall be notified, at least annually, in conjunction with a regular bill of the rate and that portion of the total charge which is attributable to operation, maintenance, and replacement of the waste water system.
(Ord. 34-93, passed 12-21-1993)