Water Fund.
Milwaukee City Charter § 14-07
in effect14-07. Water Fund.
There is hereby created for the said city a separate fund, to be called the water fund. There shall belong to such fund all bonds and proceeds thereof, authorized by law to be issued for the construction of the said water works, all proceeds of all taxes levied for the construction of the said water works, all water rates assessed and collected for water proceeding from such water works, and all other proceeds, revenue and income of said water works, - and all other moneys and property in any way derived by the said city in aid of the said water works, or appropriated by the said common council towards the same; and the said fund is hereby exclusively devoted and appropriated to the construction and maintenance of the said water works - and to the payment of said water bonds, until the said works shall be wholly completed and the said bonds wholly paid. Said water fund shall be kept in the city treasury in the custody of the city treasurer, and shall be disbursed by him on vouchers drawn for the same in the manner provided in this act; and said city treasurer and the sureties on his official bond shall be liable for the safe keeping and disbursement thereof. It shall be the duty of the treasurer of said board of water commissioners to submit his account of the water funds in his hands on the first day of January, 1875, or at such time as the water works shall be surrendered as provided in Section One of Chapter X, [s. 14.01], and to settle and adjust such accounts with the city comptroller, and to pay over any balance remaining in his hands on that day to the city treasurer, to the credit of the water fund. (S. 7, Subch. 10, Ch. 184, L. 1874.)
Source: City of Milwaukee Legislative Reference Bureau, Milwaukee City Charter and Code of Ordinances (city.milwaukee.gov master PDFs)URL: https://city.milwaukee.gov/ImageLibrary/Groups/ccClerk/Ordinances/City-Charter/CH14.pdf#page=2Fetched: 10/26/2026