(A) There is created a fund into which receipts from the village income tax are to be paid and in which such proceeds are to be retained until properly disbursed.
(B) The comptroller is authorized and directed to establish a fund to be called the income tax fund wherein receipts from the income tax are to be retained and accounted for. The moneys so retained in the income tax fund may be used to cover the appropriate salary, office, and other expenses of the tax commissioner. The balance of the moneys in the fund may be transferred to the credit of the general fund of the village from time to time.
('80 Code, § 36.03) (Ord. 29-73, passed 12-17-73)