§ 53.01 OPERATION AND FUNDING.
   The city owns and operates the Electric Department through the Electric Commissioner. The governing body, for the purpose of defraying the cost of the care, management, and maintenance of the Electric Department may each year levy a tax not exceeding the maximum limit prescribed by state law on the actual valuation of all real estate and personal property within the corporate limits that is subject to taxation. The revenue from the said tax shall be known as the Electric Fund and shall remain in the custody of the City Treasurer. The Electric Commissioner shall have the direct management and control of the Electric Department and shall faithfully carry out the duties of his or her office. The Electric Commissioner shall have the authority to adopt rules and regulations for efficient management of the Electric Department subject to the supervision and review of the governing body. The governing body shall set the rates to be charged for services rendered by ordinance and shall file a copy of the rates in the office of the City Clerk for public inspection at any reasonable time.
(Neb. RS 17-909, 18-412) (Prior Code, § 3-1101)