(A) The County Council imposes the county adjusted gross income tax (CAGIT) on the county taxpayers. The county adjusted gross income tax is imposed at a rate of one-half percent on the resident county taxpayers of the county and one-fourth percent on the non-resident county taxpayers of the county.
(`88 Code, § 2-170) (Ord. 94-1, passed 3-24-94; Am. Counc. Ord. 1997-01, passed 3-24-97)
(B) (1) The County Board of Commissioners and the County Council resolve that no less than 50% of all available revenue from the recently enacted county adjusted gross income tax shall be dedicated solely for the purpose of road repair and improvement. This 50% figure shall be calculated after the payment of principal and interest on the bonds and any related expenses.
(2) It is the express intention of the County Board of Commissioners and the County Council that no less than 50% of that money remaining after the payment of the aforementioned expenses shall be made available for a comprehensive road improvement and repair program.
(`88 Code, § 2-170) (Joint Res. 94-6, passed 10-24-94)
Cross-reference:
Highway Department, see § 32.002