The funds collected under this chapter shall be placed in the general operating fund of the village and shall be applied for the following purposes, and in the following order:
(a) Such part thereof as is necessary to defray the cost of collecting the taxes levied by this chapter, and the cost of administering and enforcing the provisions hereof, shall first be paid.
(b) Such part thereof, to be determined later, as is necessary for the purpose of obtaining any refunds payable under this chapter, shall then be paid.
(c) The balance of the funds so collected shall be used for such specific purposes as Council may appropriate moneys for from such fund, including, without limitation, the appropriation of funds for general municipal operations and debt retirement, extension, enlargement or improvement of municipal services and facilities, street improvement and repair and permanent improvements.
(Ord. 82-61, passed 6-21-1982)