(a) The moneys collected under the provisions of this chapter shall be deposited in a special fund known as the Income Tax Revenue Fund, and such Fund shall be disbursed in the following manner:
(1) 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.
(2) Three-fifths of the balance remaining after payment of the expense referred to in subsection (a) hereof shall be deposited in the General Fund.
(3) Two-fifths of the balance remaining after payment of the expenses referred to in subsection (a) hereof shall be deposited in a special fund known as the Capital Improvement Fund.
(b) All collections of delinquent income tax for periods prior to the adoption of this section shall be distributed as follows:
(1) Three-fifths shall be deposited in the General Fund.
(2) Two-fifths shall be deposited in the Capital Improvement Fund.
(c) The Capital Improvement Fund is to be used for the payment of engineering fees; construction costs; material and labor; inspection fees; surveys; subsurface exploration expenses; acquiring of land and rights in land; damages for change of grade; payment of the City's share of assessed improvements; and matching of State and/or Federal funds for one or more of the following purposes or for the payment of notes and/or bonds issued for any of the following purposes as determined by Council.
(1) City Hall parking facilities. (Ord. 31-68. Passed 1-29-68.)
(2) Municipal buildings: Renovation, repairing, remodeling, air conditioning, improving, expanding, construction and development of municipal buildings and of land for municipal buildings. (A.O.)
(3) Streets.
A. New street construction.
B. Paving, repaving or resurfacing of streets; widening of streets and intersections; soil cement treatment of streets; and soil stabilization of unimproved streets.
C . Construction of curbs, sidewalks and gutters.
D. Construction of bridges.
E. Construction of grade separations.
F. Traffic signal synchronization.
(4) Construction of storm and sanitary sewers.
(5) Parks and playgrounds.
A. Construction and development of new parks and playgrounds.
B. Construction, improvement and development of land or buildings in the present park system.
C. Repair, construction, improvement or expansion of the City zoo.
(6) Centralized garage.
(7) Urban renewal. (Ord. 31-68. Passed 1-29-68.)
A. Stop Gap Financing for Phase One of Historic Onesto, LLC Redevelopment Project.
(Ord. 182-2014. Passed 9-15-14.)
(Ord. 182-2014. Passed 9-15-14.)
(8) Motor vehicles.
(9) Emergency alarm system. (fire and/or police alarm).
(10) Debt retirement for those purposes provided in (1) through (9) above.
(Ord. 10-69. Passed 1-13-69.)
(11) Leasing and/or purchase of equipment having a life expectancy in excess of five years.
(Ord. 146-85. Passed 8-12-85.)
(Ord. 146-85. Passed 8-12-85.)
(12) Municipal street lighting utility payments.
(Ord. 107-2012. Passed 7-30-12.)
(13) Demolition of blighted and dilapidated residential structures in conjunction with the Stark County Land Reutilization Corporation’s residential housing demolition grant reimbursement program.
(Ord. 36-2013. Passed 2-25-13.)
(d) In regard to the increase in the tax levied on income from one percent to one and three-tenths percent effective September 1, 1968, and the increase in the tax to one and fourteenths percent effective January 1, 1969, and the increase in the tax to one and five-tenths percent effective January 1, 1970, after the cost and expense of collecting the tax and all administering and enforcing the provisions of the income tax chapter as designated in subsection (a)(l) hereof, shall be allocated to the General Fund for wages and salary increases, services and general fund expenditures, including the payment of the Police and Firemen's Pension Fund liability.
(Ord. 200-68. Passed by voters 6-20-68.)
(e) In regard to the increase in the tax levied on income from one and five-tenths percent (1.5%) to one and nine-tenths percent (1.9%) effective October 1, 1981, after the cost and expense of collecting the tax and administering and enforcing the provisions of the Income Tax Chapter as designated in subsection (a)(1) hereof, three-tenths of one percent (.3%) shall be allocated to the General Fund for the purpose of rehiring police officers, firefighters and other essential City employees in order to restore basic City services and to provide salary and wage adjustments to all City employees; and one-tenths of one percent (.1%) shall be allocated for the lease and/or purchase of motorized vehicles, the lease and/or purchase of information communication equipment, and for the maintenance of such leased or purchased vehicles and equipment. In regard to the increase in the tax levied on income from one and nine-tenths percent (1.9%) to two percent (2%) effective October 1, 1982, after the cost and expense of collecting the tax and administering and enforcing the provisions of the Income Tax Chapter as designated in subsection (a)(1) hereof, one-tenth of one percent shall be allocated to the General Fund for the purpose of rehiring police officers, firefighters and other essential City employees in order to restore basic City services and to provide salary and wage adjustments to all City employees.
(Ord. 239-84. Passed 12-17-84.)