§ 28-172. Annual review and report to city council of cash flows; adjustment of unit cost figures; etc.  


Latest version.
  • To ensure the required financial surveillance, the approving authority shall annually review the cash flows associated with providing wastewater treatment service for the city and shall report his findings to the city council at the fourth regular meeting of each year. Any inequities or shortages of revenue caused by unforeseen changes in the cost-revenue pattern of the wastewater treatment facilities shall be remedied immediately by a city council-approved adjustment of the unit cost figures described in section 28-169 of this division. Adjusted unit figures shall be computed in accordance with the principles of this division.

(Ord. No. 2013-003, § 1, 7-9-13)