The Tax Administrator shall prepare and furnish to Cleveland City Council each month a statement containing the following information:
(a) Total undistributed balance from the previous month;
(b) Actual income for the month of the report including a summary of the amount of delinquent taxes, penalties and interest collected for that month;
(c) Disbursements made during the month, identifying to whom and from which collection period.
(d) Undistributed balance and indicate thereon:
(1) Current income in the process of collection for current distribution;
(2) Current income reserved for collection agency expenses;
(3) Funds belonging to nonparticipating municipalities and period of collection of the fund;
(4) Sources of balance of fund, if any.
For the purpose of this section “current income” means income received during the preceding three (3) month period; “current distribution” means quarterly distribution, and “source of funds” means the period of time during which funds were collected.
(Ord. No. 2208-04. Passed 12-13-04, eff. 12-17-04)