The POTW shall be operated on the basis of a
fiscal year commencing on the first day of January and ending on the
31st day of December.
Revenues derived from capital charges, user
fees, application or connection fees, user charges and associated
penalties and other fees shall be credited to a special fund. Moneys
in this fund shall be used exclusively for the following functions:
A. For the payment of the operation and maintenance,
including, but not limited to, repair and replacement costs of the
town's POTW.
B. For the discovery and correction of inflow and infiltration.
C. For the payment of interest on and the amortization
of or payment of indebtedness which has been or shall be incurred
for the construction or extension of the town's POTW.
D. For the extension, enlargement, replacement of and/or
additions to the town's POTW, including any necessary appurtenances.