A. System: The "financial management system", as previously defined, shall prescribe accounting budgetary procedures to accurately depict revenue requirements and procedures to generate revenue sufficient to operate and maintain the wastewater collection and treatment system. (1973 Code § 13.40.310)
B. Separate Accounts: Separate accounts shall be maintained for the user charge fund and the capitalization fund. (1973 Code § 13.40.320)
C. Operation, Maintenance And Replacement (OM&R) Costs: Operation, maintenance and replacement costs of the treatment system shall be enumerated through a line item budget including the following categories:
1. Salaries and wages;
2. Indirect salary and wage costs;
3. Contractual services;
4. Materials and supplies;
5. Utilities;
6. Equipment replacement;
7. Administrative expenses.
OM&R costs shall include the costs required to achieve and maintain compliance with discharge permits. (1973 Code § 13.40.330)
D. Revenue Gained Through Sale Of Treatment: Revenue gained through sale or use of treatment related byproducts shall be credited to the user charge fund. (1973 Code § 13.40.340)