The City shall operate and maintain the water system in an efficient and economical manner and supply water as fairly and equitably as possible. The charges to be made for service shall be set at rates necessary to enable the City to recover all costs of supplying water including, but not limited to, the costs for the following:
A.
Purchasing, pumping, treating, storing, transmitting and distributing water;
B.
Customer service;
C.
Administration;
D.
Overhead;
E.
Debt service;
F.
Replacement and maintenance of facilities; and
G.
All other necessary and appropriate expenses.
(Ord. 14-008 § 1)