The revenue account, to be known as the town local hospitality fee, shall be established and all revenues received from the local hospitality fee shall be deposited into this account. All interest generated by the local hospitality tax fund must be credited to the local hospitality tax fund. The principal and any accrued interest from this account shall be expended only as permitted in § 119.05.
(Ord. 2004-06, passed 8-16-04) Penalty, see § 119.99