(A) Prior to May 1 of each alternate year, beginning in 1994, the Town Manager and an independent certified public accountant employed for that purpose shall submit to the Town Council a comparison of the calculated unit cost for flow, removal of BOD, suspended solids, phosphorus and ammonia per year with unit charges currently in effect from which the Town Council shall determine whether the current service charges and surcharges are adequate or should be changed.
(B) The methodology utilized in developing this cost comparison shall include:
(1) A system including the distribution of the cost of operation and maintenance of the treatment works of the WPC utility to each user class in proportion to such user’s contribution to the total waste loading of the treatment works. Factors such as strength, volume and delivery flow characteristics shall be considered and included as the basis for the user’s contribution to ensure a proportional distribution of operation and maintenance and replacement costs to each user class; and
(2) Total annual service charges and surcharges collected from each individual user class shall be deemed sufficient if said charges have generated during the prior operating period sufficient revenue to offset the cost of all treatment works operation and maintenance provided by the utility, including cost of management, system repair and replacement, debt retirement and other costs incidental to the utility operation attributable to such class.
(Prior Code, Title V, Ch. II, Art. II, § 34) (Ord. 14, 1992, passed - -1992)