(a) All receipts collected from the excise tax levied hereby shall be deposited in the Undivided Lodging Tax Fund. The Executive shall inform the Fiscal Officer of every political subdivision within the County of Summit which levies such a tax on and after May 19, 1981.
(b) Commencing May 15, 1981, and thereafter on the 15th day, or if the 15th day is not a regular business day, then the first business day following such day, of the second month following each calendar quarter, the Fiscal Officer shall credit the County General Fund with an amount certified as the cost of administration of the hotel lodging excise tax during the previous quarter and charge the Undivided Lodging Tax Fund with the actual administration costs. The proportion of the cost is to be based on the total receipts received in each district. Each district should be credited with their proportionate share by the Fiscal Officer prior to settlement.
(c) After the allocations provided in subsections (b) and (c) hereof, five percent (5%) of the balance remaining in each district which does not already levy a three percent (3%) hotel/motel lodging tax shall be forthwith paid to each municipal corporation, township and village, the balance remaining in the Undivided Hotel Lodging Tax Fund shall upon certification by the Fiscal Officer that tax collections for the previous calendar quarter have been closed, be forthwith paid to the County Lodging Tax Fund and such funds are hereby appropriated as required by law to the use of The Akron-Summit County Convention and Visitors Bureau Inc.
(d) A claim for refund for taxes erroneously collected or paid, certified by the Fiscal Officer for which his warrant is drawn, shall be paid from the Undivided Lodging Tax Fund.
(Ord. 2005-563. Adopted 11-7-05.)