There is established by this code separate Water Utility Funds and all monies paid to the Town pursuant to provisions of the Water Utility Code for, but not limited to, water service charges, fees, construction of facilities, and fines and penalties shall be deposited into the Water Utility Funds, and all expenditures made by the Town in relation to the Town’s ownership, operation, maintenance, repair, expansion, acquisition, management, salaries, professional fees, debt service, bond payments, and other costs and charges shall be paid from the Water Utility Funds. The Town Council is hereby empowered to make loans from the Town General Fund to the Town Water Utility Funds from time-to-time to supplement revenues generated by the Town water utility in order to assure the timely payment of all obligations of the water utility, provided that such loans are timely repaid from the Water Utility Fund(s) to the General Fund. It is hereby declared to be the express policy and intent of the Town of Oro Valley that the Town water utility shall be a self-supporting utility funded solely from revenues generated from utility operations as much as possible. All fees and charges levied by the Town in relation to its water utility may be, to the degree practical, based on the cost of providing the service for which a fee or charge is levied. ((O)96-13, 03/25/1996)