(a) A sum equal to ninety-nine percent of the gross tax collected under this chapter in 1992 is hereby allocated general Municipal operations; one percent is allocated to the Street Division.
(b) The allocation of funds as set forth in subsection (a) hereof shall be effective for the period of January 1, 1992, through December 31, 1992. Thereafter, such allocations may be adjusted. However, in no case may such funds be used for a purpose other than one stated in Section 181.01.
(c) No part of the tax collected under this chapter shall be appropriated or used to defray the cost of collecting the tax levied by this chapter, or the cost of administering and enforcing this chapter, or for any purpose other than those specified in subsection (a) hereof, so long as sufficient City income tax is being collected under any other ordinance to defray these expenses.
(d) If, at any period of time during the effective date of this chapter, the tax being collected under this chapter is the only income tax collected by the City, than there shall first be appropriated from the revenues derived from the enforcement of this chapter the part thereof deemed to be necessary to defray all costs of collecting taxes levied under this chapter and the cost of administering and enforcing this chapter. The balance remaining after such costs shall be allocated as provided in subsection (a) hereof.
(e) Hereafter, funds shall be directly allocated under subsection (a) hereof.
(Ord. 7087. Passed 11-10-09.)