(A) The county hereby imposes an additional rate of the county option income tax at the rate of 0.15% in accordance with I.C. 6-3.5-6-31 to provide funding for the public safety in the county (public safety rate).
(B) The County Auditor shall distribute income tax revenues attributable to the public safety rate to the county and to each municipality of the county.
(C) The County Auditor shall distribute the portion of the certified distribution that is attributable to the public safety rate to the county and to each municipality of the county in an amount equal to the result of: a portion of the certified distribution that is attributable to the public safety rate, multiplied by a fraction equal to the attributed allocation amount of the county or municipality of the calendar year, divided by the sum of the attributed allocation amount of the county or municipality for the calendar year.
(D) The county shall make all the distributions of such revenues from the public safety rate not more than 30 days after receiving the portion of the certified distribution that is attributable to the public safety rate.
(E) The revenue distributed to the county or municipality attributable to the public safety rate must be deposited into a separate account or fund which may be appropriated by the county or municipality only for public safety purposes.
(Ord. 15-2008, passed 12-29-2008)