The funds collected under this chapter shall be disbursed in the following manner:
(a) First, the funds collected pursuant to Ordinance 19-1983 shall be paid into the income tax fund, and applied in the Appropriation Resolution to General Fund/Safety for the following purposes: police, fire and rescue.
(b) Second, such portion thereof as shall be necessary to defray all expenses of collecting the tax and of administering and enforcing the provisions of this chapter shall be paid.
(c) The sums, specified in the Appropriation Resolution that is passed each year by Council, shall be deducted from total income tax collections for the corresponding tax year, and allocated in accordance with the provisions of the Appropriation Resolution.
(d) After deducting payment of expenses in subsections (b) and (c) hereof, the balance of the total income tax collections shall be transferred to the Capital Improvements Fund.
(Ord. 17-2006. Passed 3-17-06.)
(Ord. 17-2006. Passed 3-17-06.)