Effective with the beginning of each Fiscal Year, the District Board shall adjust all rates for changes in the Urban Cost Of Living Index occurring since the beginning of the previous Fiscal Year or the last rate adjustment, which ever shall have last occurred.
District Board shall periodically review all costs and rates and shall adjust rates to insure that each class of customer is carrying its share of costs, debt service, and reserves.
The rates, tolls, fees and charges in Appendix A: Fee Schedule may be amended by the District Board by Resolution pursuant to the provisions of Chapter 241 Laws of N.M. 2009.