(A) All fines and forfeitures collected upon conviction or upon forfeiture of bail of any person charged with a violation of any provision of this traffic code shall be paid into the City Treasury and deposited in a special fund to be known as the Traffic Improvement Fund, which is hereby created and which shall be used exclusively in the construction, maintenance and repair of public streets, bridges and street structures, or for the installation and maintenance of traffic control devices thereon, and for the promoting of the correct use thereof.
(B) Failure, refusal or neglect on the part of any judicial or other officer or employee receiving or having custody of any such fine or forfeiture, either before or after deposit in the Traffic Improvement Fund, to comply with the foregoing provisions of this section shall constitute misconduct in office and shall be grounds for removal therefrom.
(Prior Code, § 307.06)