(Added by Ord. No. 170,068, Eff. 11/18/94.)
All monies collected for monetary penalties from taxicab operators, monetary penalties from individual permit holders or any other fines, penalties and bond forfeitures collected pursuant to this article shall be placed in a separate fund entitled “Transportation Regulation and Enforcement Trust Fund”, to be administered by the Department of Transportation. All monies paid into the fund and any interest earned thereon shall be used for Citywide regulation and enforcement, in excess of that authorized in the Department’s annual budget, of this article as it relates to operators, vehicles, and drivers providing both legal and illegal (“bandit”) transportation services in the City.