§ 401 Electric, Water, and Wastewater Departments generally (a) Electric system. The revenues of the electric system shall be maintained separate from all other departments of the Town. All revenues therefrom not necessary for current expenditures thereof shall be placed in a special fund, no part of which may be used for any purpose other […]
§ 402 Electric, water, and wastewater administration (a) Operating costs of the Electric, Water, and Wastewater Departments shall be paid by the ratepayers. (b) The charges and rates for electric service shall be a lien upon real estate, wherever located, furnished with such service in the same manner and to the same effect as taxes […]
§ 403 Electric, water, and wastewater special funds The Town Treasurer and the Finance Director shall keep all revenues derived from the electric, water, and wastewater systems in accounts separate from any other special funds and from other Town funds and shall honor no warrant upon such account except for the purposes specified in section […]