The sewerage service charge shall be for the corresponding period
of the water bills and shall be payable to the Village not later than
20 days after the end of each period. A penalty of 1 1/2% per
month shall be added to all bills not paid by the date fixed for final
payment.
All sewage charges shall be a lien upon the property service
pursuant to § 66.0821, Wis. Stats., and shall be collected
in the manner therein provided.
The amounts received from the collection of charges authorized
by this chapter shall be credited to a sanitary sewerage account,
which shall show all receipts and expenditures of the sewerage system.
Charges collected for replacement expenses shall be credited to a
segregated, nonlapsing replacement account. These funds are to be
used exclusively for replacement. When appropriated by the Village,
the credits to the sanitary sewerage account shall be available for
the payment of the requirements for operations, maintenance, repairs
and depreciation of the sewerage system consistent with 40 CFR 35.929.
Any surplus outside the purview of 40 CFR 35.929 in said account shall
be available for the payment of principal and interest of bonds issued
and outstanding, or which may be issued, to provide funds for said
sewerage system or part thereof, and all or a part of the expenses
for additions and improvements and other necessary disbursements or
indebtedness, and the Village may resolve to pledge each surplus or
any part thereof for any such purpose. All present outstanding sewer
system general obligation bonds, including the refunding bonds, shall
be paid from this fund as to both principal and interest.
Additional charges shall be imposed upon each lot, parcel of
land, building or premises served by public sewer and wastewater facilities
located outside the boundaries of the Village to equalize local capital
costs. Such additional charges shall result in a minimum charge for
each user according to the schedule for debt repayment for utility
revenues. Such additional charges shall be added to the sewer bill
for each billing period.
Excess revenues collected from a user class will be applied
to operation and maintenance costs attributable to that class for
the next year.
The Village shall conduct an annual audit, the purpose of which
shall be to maintain the proportionality between users and user classes
of the user charge system and to ensure that adequate revenues are
available relative to increasing operation, maintenance and replacement
costs.