171.2101 DISBURSEMENT OF FUNDS COLLECTED.

(a) First, such part 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.

(b) The balance remaining after payment of the expenses referred to in subsection (a) hereof shall be deposited in the General Fund for municipal purposes, except for certain income tax collections generated by a rate of one-half (.5) percent which shall be restricted to use for capital improvements and equipment purchases, including the payment of debt service for said obligations.
(Ord. 82-14. Passed 12-15-14.)

DUTIES AND AUTHORITY OF THE ADMINISTRATOR

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