(A) All revenues and monies derived from the operation of the waterworks system shall be held separate and apart from all other funds of the village via appropriate accounting records.
(B) The revenues derived under § 50.023A shall be deposited into the Village Local Road Improvements Fund.
(C) All revenues from the waterworks system, except for the fees provided under § 50.023A, and all other funds and moneys in connection to the operation of the system, shall be deposited into a separate accounting fund designated as the Village Water Fund.
(D) All revenues from the waterworks system associated with the provision of bulk water supply to other governmental or business entities (i.e., wholesale water services) shall be deposited into a separate accounting fund designated as the Village Wholesale Water Fund.
(Am. Ord. 2023-O-056, passed 10-3-23)