§ 503-9. Rates
The Prudential Committee shall establish rates for the water and road services provided by the Fire District, and all rates for water and road services shall be paid to the District Treasurer. All rates shall be established to provide revenue for the following services:
(1) To pay current expenses for the operation and maintenance of the water and road system.
(2) To pay the principal and interest on any debt owed by the District.
(3) To create a sinking fund, with any surplus at the end of a fiscal year, or to pay for any improvements to the road or water system. (Added 2003, No. M-9, § 2.)