(A) The City Manager or designee shall be responsible for the disposition of the revenue from the tax imposed by this subchapter in the manner provided by this section.
(B) For the purposes of this section, NET REVENUE means the revenue from the tax imposed by this subchapter remaining after providing for the cost of administrating the motor vehicle fuel tax to motor vehicle fuel dealers and any refunds and credits authorized herein. The program administration costs of revenue collection and accounting activities shall not exceed 10.5% for the first year and 10% thereafter, of annual tax revenues.
(C) The net revenue shall be used only for the activities related to the construction, reconstruction, improvement, repair, and maintenance of public highways, roads and streets within the city which are subject to city control.
(Ord. 469, passed 7-20-2020)