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Section 21-46. Determination of Cost of Service. The Municipal service Taxing Unit is created for the purpose of providing and maintaining the water supply and distribution system within the boundary of said Unit. The Board of County Commissioners of Indian River County, Florida, shall determine each year the estimated cost of providing water services, in- cluding capital and equipment, improvements, rental and acquisition and operating and maintenance costs and expenses, for the ensuing County fiscal year within the boundaries of said Unit. Section 21-47. Levy of Taxes, Adoption of Budget. The Board of County Commissioners of Indian River County, Florida, hereby authorizes the levy of a tax not to exceed three (3) mills on all the real and tangible property within said Indian River County Water Municipal Service Taxing Unit created under the provisions of this Ordinance for the purpose of providing water services within the boundary of said Unit. Said tax shall be levied and a budget prepared and adopted.by the Board at the same time and in the same manner as the Board prepares and adopts its County annual budget and levies taxes as provided by law. Said taxes shall be assessed, levied, collected, remitted to.and accounted for at the time and in the manner as the assessments, levies, collections, remittance and accountability of taxes by said Board as provided by law. Said budget shall contain all or such portion of the estimated costs of providing water services within, the boundary of said Unit, determined under the provisions of Section 21-46 of this Ordinance, as said Board shall determine to be necessary to provide such services. Section 21-48. Disposition of Proceeds from Levy of Taxes for Water Services. Those funds obtained in a levy of a tax on all real and tangible property within the boundary of said Unit shall be maintained in a separate account and used solely for the purpose of providing water services within the boundary of said unit. -2-