8-2-3-8: STORMWATER SEWER ENTERPRISE FUND:
A.   Revenues. All revenues from the stormwater utility fee shall be deposited in the stormwater sewer enterprise fund and shall be used solely for the operation, maintenance, expansion and rehabilitation of the stormwater infrastructure as deemed appropriate by the Village Board of Trustees.
B.   Financial records. The Finance Director shall maintain and report on the financial records of the stormwater utility in accordance with generally accepted government accounting principles. (Ord. 2023-12, 4-25-2023)