(A) Stormwater fees may be determined and modified from time to time by the City Council so that the total revenue generated by said charges and other sources of revenues or other resources allocated by the City Council to the stormwater management utility shall be sufficient to meet the cost of stormwater management services, systems and facilities, including, but not limited to, the payment of the principal and interest on debt obligations, operating expenses, capital layout, nonoperating expenses, provisions for prudent reserves and other costs as deemed appropriate by the City Council.
(B) The City Council resolution establishing the monthly service charge for each ERU may reflect the scope of the stormwater management program to be implemented and/or being implemented during the billing period and the actual overall aggregate cost of the stormwater utility. The monthly service charge for each ERU may be amended from time to time by the City Council and pursuant to the city’s fee schedule.
(Code 2019, § 23-5) (Res. 04142014, passed - -)