Customers of the municipally-owned utilities and sanitary sewage works electing to pay their account in accordance with the plan of budget utility billing shall pay their accounts for utilities and sanitary sewage charges in approximately equal monthly installments during a 12-month billing cycle commencing with the billing rendered in October of every year, the monthly billing amount to be determined as follows.
(A) During the first 11 months of each budget billing cycle an amount equal to the actual total amount billed for utilities and sanitary sewage service, including sales tax, furnished at the customer's service location during the 12 months ending August 31, immediately preceding the current budget billing cycle, divided by 11.
(B) On the twelfth month of each billing cycle (September), the customer shall pay an amount necessary to fully settle and pay any unpaid balance of the customer's utility account for all utilities and sanitary sewage service consumption during the current 12-month billing cycle; provided, however, that if a customer's utility account should be a credit balance, the credit, at the customer's election, shall be refunded to the customer, or applied to the customer's October billing.
(Ord. 99-30, passed 9-2-1999)