2-2-4: DISTRIBUTION OF REVENUES:
All monies received and collected on behalf of the city by the state department of revenue pursuant to this chapter shall be credited to the special municipal non ad valorem tax fund in the state treasury and, after deducting the amount of refunds made, the amounts necessary to pay the cost of collecting the tax and the administrative expenses incident thereto, shall be paid within thirty (30) days after collection to the city. The city council shall apply such monies attributable from the collection of sales tax to the appropriate funds used for personal services, current expenses, and capital outlays, at the discretion of the governing body. (Ord. 1704, 10-7-1991; amd. 2005 Code)