The funds collected under the provisions of this chapter shall be applied for the following purposes and in the following order, to-wit:
(a) Such part thereof as shall be necessary to defray all costs of collecting the taxes levied by this chapter and the cost of administering and enforcing the provisions thereof.
(b) The sum of two hundred thousand dollars ($200,000) per year and such additional sums as may be appropriated by Council, to the General Fund for general operating expenses.
(c) Any balance of funds remaining shall be appropriated, as deemed necessary, by Council for the following Municipal purposes: General Municipal operations, including, but not limited to, Municipal services, maintenance and acquisition of equipment and/or appropriation to the Capital Improvements Funds.
(Ord. 1897. Approved by voters 11-8-88.)