All revenues derived from license fees required by this subchapter shall be used for the purpose of improving, paving, repairing or maintaining the streets and other public roadways within the village, except that the revenues may be used to defray the cost of issuing the licenses and stickers and collecting the fees. An amount not to exceed 35% of the revenues may be used to pay salaries and wages of police officers engaged in the duty of regulating traffic.
(`70 Code, § 13-36) (Ord. 288, passed 8-28-79; Ord. 647, passed 11-10-98)