A. All funds derived from a particular type of SDC are to be segregated by accounting practices from all other funds of the City. That portion of the SDC calculated and collected on account of a specific facility system shall be used for no purpose other than those allowed in Sections 12.07.050 and 12.07.060.

B. The City Finance Director shall provide the City Council with an annual accounting, based on the City’s fiscal year, for SDCs showing the total amount of systems development charge revenues collected for each type of facility and the projects funded from each account.