Boonville Use of certain revenue ordinance (§ 21-147)

All moneys collected as water and/or sewer rates, and other revenue receipts from any bond issues for the extension or improvement of the combined waterworks and sewerage system shall be placed in the city treasury as a separate fund, to be called and known as the "water fund," and all expenses incurred on account of the repair, improvement, extension and operation of such systems, together with all of the salaries of the board of public works, its secretary and its employees, shall be paid out of said fund.