(A) All moneys derived from occupational license fees under the provisions of this subchapter shall be paid to the City Treasurer and placed to the credit of the General Revenue Fund of the city. The revenue therefrom shall be used and expended in defraying current, general, and incidental expenses of the city and for capital improvements.
(B) It is the purpose of this subchapter to provide revenue for the General Fund of the city and it is not the intention of the city or of this subchapter to impose and require any occupational license fee prohibited by law. Pursuant to KRS 92.330, the city has enacted this business license and occupational fee chapter for the purpose of funding government services that are essential to the successful operation of commercial enterprise in the city; including, but not limited to, police protection, sanitation, public works, and the maintenance and capital improvement of the public infrastructure, which is used daily by the business community and its patrons.
(Ord. 7-24-23, passed 8-28-23)