The funds collected under the provisions of this chapter shall be credited to the Income Tax Fund one percent (1%), an expendable Trust Fund, and to the Income Tax Fund one-half of one percent (0.5%), a Special Revenue Fund, as allocated by the City Clerk-Treasurer, and shall be disbursed or transferred, by the City Clerk-Treasurer, in the following manner:
(a) Such part thereof as shall be necessary to defray all costs of collecting the taxes and the cost of administering and enforcing the provisions thereof, shall be paid out of the Income Tax one percent (1%).
(b) The balance of the Income Tax Fund one percent (1%) shall be used to defray operating expenses of the City and for capital improvements of the City.
(c) The Income Tax one-half of one percent (0.5%) shall be used for debt retirement or expenses for improvements to the streets and sewer system of the City of Bryan, Ohio and 27.77% of all refunds made. (Ord. 38-2022. Passed 7-18-22.)
(d) A tax of .3% on earnings and income for the purpose of providing and maintaining fire apparatus, appliances, building or sites, therefore, or sources of water supply and materials therefore, or the establishment and maintenance of lines of fire alarm, telegraph, or the payment of permanent, part-time or volunteer firefighters, including the payment of the firefighter employers contribution required under section 742.34 of the Ohio Revised Code, or to transfer and set aside money for a fire vehicle replacement fund or other equipment necessary for operation of the Bryan Volunteer Fire Department, effective January 1, 2006 and continuing for a permanent period of time.
(Ord. 36-2015. Passed 11-2-15.)