The township shall maintain complete books and records relating to the operation of the system and its financial affairs and will cause such books and records to be audited annually at the end of each fiscal year and an audit report to be prepared. A copy of each audit report will be made available upon written request to holders of outstanding debt incurred to finance part or all of the cost of the system. Based on such audits, the township shall determine whether all users are paying their proportionate share of operation and maintenance and whether the user charges and user surcharges, if any, are generating sufficient revenues to pay for operation and maintenance. If necessary, the township shall adjust the user charges and user surcharges, if any, so that said charges will generate sufficient revenues to pay for operation and maintenance. The township, on an annual basis, shall notify the users in writing of the user charges in effect and the portion of the user charge allocated for operation and maintenance.
(Prior Code, § 70.011) (Ord. 92-2, effective 4-23-1992)