(A) There is hereby established a County Option Income Tax Public Safety Fund for the purpose of accounting for the receipt and disbursements of revenue received as its portion of the public safety rate contained in the County Option Income Tax.
(B) The purposes for which expenditures may be made from such fund are limited to those contained and described in I.C. 6-3.5-6-31(b).
(C) Said Fund shall be perpetual in nature; however, should the Fund terminate for any lawful reason, all monies shall revert to the General Fund.
(Ord. 13-0041, passed 1-13-2014)