[Added 5-3-2010 by Ord. No. 4.11.10]
The Common Council finds that current methods of financial accounting for the costs of municipal solid waste management are inadequate and do not represent a systematic approach for identifying, summing and reporting the actual costs of solid waste management in a way that takes into account past and future outlays, overhead and operating costs. The Common Council further finds that implementing full cost accounting standards for solid waste management activities will enhance management and budgetary decisions with regard to municipal solid waste management activities.
Financial accounting for solid waste management activities under this chapter shall be in accordance with full cost accounting standards as delineated by the United States Environmental Protection Agency.
The Commissioner shall annually submit a report to the Common Council on the cost of solid waste management activities in accordance with § 313-57 of this chapter and such other matters as may be related thereto.
The Commissioner is authorized to promulgate rules and regulations as may be necessary to effectuate and supplement the provisions of this article.