The board of waterworks may establish and enforce reasonable rules and regulations for its own government. The board shall make a quarterly financial statement, showing its liabilities, receipts, and expenditures, and deliver a copy to the consolidated loc al government legislative body for introduction and inclusion into the minutes of the legislative body. The books and accounts of the board shall at all times be open to inspection by the mayor and the commissioners of the sinking fund or revenue commission, respectively, through their agents.
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