The funds collected under the provisions of this chapter of the City of Brooklyn shall be disbursed in the following manner:
(a) First, such part thereof as shall be necessary to defray all expense of collecting the tax and of administering and enforcing the provisions of this chapter shall be paid.
(Ord. 2001-36. Passed 9-10-01.)
(b) Effective January 1, 2007, it is hereby determined that the balance remaining after payment of expenses referred to in subsection (a) hereof shall be deposited eighty- five percent (85%) into the General Fund and fifteen percent (15%) into the Capital Improvement Fund.
(Ord. 2007-4. Passed 2-12-07.)
(Ord. 2007-4. Passed 2-12-07.)