The purpose of the transit fund is to:
(1) Receive transfers of all moneys collected from the county surcharge on State general excise and use tax by the general fund;
(2) Receive transient accommodation taxes collected by the State, deposited into the State mass transit special fund, and distributed to the city in accordance with HRS §§ 237D-2 and 248-2.7;
(3) Receive transient accommodation taxes collected by the city pursuant to Chapter 8A and deposited in the fund pursuant to § 8A-1.1(2); and
(1990 Code, Ch. 6, Art. 61, § 6-61.2) (Added by Ord. 06-37; Am. Ord. 21-33)