In this subtitle the following words have the meanings indicated. “Annual operating costs” include the cost of: the production, treatment, pumping, storage, transmission, and distribution of water and the maintenance and repair of equipment associated with these functions; the collection, pumping, transmission, and treatment of wastewater, and the maintenance and repair of equipment associated with these functions; administrative overhead; debt service; depreciation; and servicing customer accounts. “Lateral system construction costs” include: any cost necessary to plan, design, acquire, construct, inspect, test, and put into operation the lateral system to serve a State facility; and any indirect cost incurred by the local jurisdiction that is necessary to construct water and sewer lines.