§ 13.12.040. Sewer service funds.

A.

A sewer service fund is hereby established. It shall consist of revenue from sewer service charges, revenue from sewer connection charges, and sewer facility charges as herein defined.

B.

All revenue obtained from sewer service charges shall be deposited into said fund, shall be accounted for separately, and shall be expended for the administration, acquisition, construction, reconstruction, maintenance, and operation of wastewater facilities and collection system infrastructure, including payment of interest and principal on bonds issued for such purposes, and for the implementation of the city's pretreatment program. Said fund may also provide a capital reserve for depreciation and improvements to sewer facilities. Nothing contained in this section shall be construed to restrict or prohibit the making of transfers from said sewer service fund for the purpose of making temporary loans to one or more of the various departments of the city; and provided further that all such temporary loans shall be restored annually to the sewer service fund on or before the last day of each fiscal year.

(Ord. No. 18-01 , 2-28-18)