§ 44-436 GROSS RECEIPTS UTILITY TAX.
   (A)   Pursuant to the resolution of the City Independent Board of Education providing for the levy of a gross receipts utility tax of 3% for schools, as authorized by KRS 160.593, 160.613, 160.614, and the public hearing requirement of KRS 160.603 having been complied with, the 3% gross receipts utility tax shall be added to the monthly utility bill of each consumer of water and/or gas services provided by the city, with the additional amount to be added beginning with the February 2002 billing (due and payable on 3-3-2002).
   (B)   The first utility tax payment shall be remitted by the city to the City Independent Finance Officer for the City Independent Board of Education on or before 3-1-2002.
   (C)   It is specifically stipulated that the City Independent Board of Education shall reimburse the city for any advanced payments which are uncollected by the city.
(Ord. 2002-1, passed 2-11-2002)