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(A) Procedures. The assembly shall by ordinance prescribe procedures for the administration of service areas and financing services.

(B) Revenue. The assembly by ordinance may levy taxes, make assessments, receive state funds, and otherwise generate income to pay the costs of services provided.

(C) Separate accounting. An account for each service area shall be created and kept separate from all other borough accounts. Revenues collected within a service area may be applied only to service area costs; service area costs will be paid only from service area accounts.

(D) Service area boards. The assembly may provide for appointed or elected boards to supervise the furnishing of services in service areas.