187.33 DISBURSEMENT OF FUNDS COLLECTED.

   The funds collected under the provisions of this chapter shall be disbursed in the following manner:

   (a)   First, such part thereof as shall be necessary to defray all expenses of collecting the tax and of administering and enforcing the provisions of this chapter shall be paid.

   (b)   The balance remaining, after payment of the expenses referred to in subsection (a) hereof and after allocation of monies to meet the City’s capital needs in the Capital Improvement Fund as provided in the City’s annual budget, shall be deposited in the General Fund.
(Ord. 2014-036. Passed 4-28-14.)