Revenues received from connection fees and operation charges are to be placed in a separate stormwater system account and used to pay the normal, reasonable and current costs of constructing, operating, maintaining, and improving the stormwater system. The city finance director may establish such funds and subaccounts within the stormwater system account as deemed reasonable and necessary to manage the stormwater system in accordance with the utility act. Revenues from time to time received in excess of amounts needed to pay costs of operation and maintenance of the stormwater system, including any operating reserve established within the stormwater system account, may be used to finance improvements to and betterments of the stormwater system in accordance with the utility act. (Ord. 1155, 6-11-2007)