A. General. The city council shall establish service rates for use of the public drainage system and related drainage services; such rates are in addition to connection charges and fees for specific services. The utility may establish classifications of customers or service and rate structures, using any method or methods authorized by law.

B. Rate Basis. Drainage rates shall be based on revenue requirements necessary to cover all costs of the utility, as authorized by the city council by the adoption of the city’s budget and subsequent amendments, and shall be guided by adopted financial policies and bond covenants.

C. Rate Adjustments. Rates shall be evaluated periodically as part of the review and adoption of the city’s budget. Rate adjustments shall be recommended as needed to meet revenue requirements. The recommendation shall consider equity, adequacy, costs and other factors allowed by law.

D. Billing and Collection. The utility shall develop and implement procedures and systems pertaining to the billing and collection of drainage service charges and fees in accordance with state law.

E. Rate Relief. The city council may establish drainage rate relief measures for specific customer classes as authorized by state law. (Ord. 5905 § 1, 2009.)