The funds collected under the provisions of this chapter shall be allocated and used as follows: 85.5% for the general municipal operations, maintenance, new equipment, extension and enlargement of municipal services and capital improvements, including the payment of debt service charges on bonds and notes issued for that purpose, all as determined and directed by Council; 10% for Capital Improvement Fund; and 4.5% for Park and Recreation Fund.
(Ord. 14-4. Passed 1-20-14.)