(A) Such part thereof as shall be necessary to defray all costs of collecting the taxes and the cost of administering and enforcing the provisions thereof.
(B) Available income tax receipts received shall be dispersed up to the following limits:
(1) $96,000 shall be dispersed to the Recreation Fund (204).
(2) $890,000 shall be dispersed to the Street Fund (205).
(3) $133,844 shall be dispersed to the Developer's Shade Tree Fund (233).
(4) $46,100 shall be dispersed to the Community Reinvestment Agreements (245).
(5) $45,334 shall be dispersed to the Bond Retirement Fund (307).
(6) $629,576 shall be dispersed to the Income Tax Revenue Bond Fund (309).
(7) $140,234 shall be dispersed to the High Street Bond Retirement Fund (310).
(8) $239,750 shall be dispersed to the Airport Improvement Fund (422).
(9) $1,003,000 shall be dispersed to the General Capital Improvement Fund (425).
(10) $1,206,512 shall be dispersed to the Street Improvement Fund (471).
(11) $200,000 shall be dispersed to the Sidewalk Assessment Program Fund (560).
(12) All receipts in excess of the foregoing shall remain in the General Fund as un-dispersed city income tax receipts.
(Ord. 16-086, passed 9-6-16; Am. Ord. 17-028, passed 5-16-17; Am. Ord. 17-114, passed 12-5-17; Am. Ord. 18-025, passed 7-5-18; Am. Ord. 19-047, passed 6-19-19; Am. Ord. 19-134, passed 12-11-19; Am. Ord. 20-098, passed 12-1-20; Am. Ord. 21-102, passed 12-7-21; Am. Ord. 22-027, passed 3-15-22; Am. Ord. 22-129, passed 11-15-22; Am. Ord. 23-032, passed 4-4-23)