§ 110-366. Required levels of rates for utility fees.

Latest version.

The board shall ensure that adequate revenues are received to provide for a balanced operating budget by at least annually setting an ERU rate that will generate sufficient levels of utility fees to limit the amount of funds from other sources, such as the general fund, which would otherwise be needed to meet system requirements. The board shall set the ERU rates by resolution, as may be amended from time to time.

(Ord. No. 07-18, § B(6), 8-21-07)

                    
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