The funds collected under the provision of this chapter shall be disbursed for the following purposes:
(A) Twenty percent to the Capital Improvement Fund;
(B) Seventy-six percent to the General Fund for the purpose of general municipal operations; and
(C) Four percent to the Debt Retirement Fund to the extent and limit of the indebted obligations of the municipality in any fiscal year; the balance after debt retirement to the Street Maintenance and Repair Fund.
(Ord. 8-2015, passed 11-4-15)