The funds collected on or after January 1, 2004, under the provisions of Section 182.013 shall be deposited and disbursed as follows:
(a) Fifty percent (50%) of the funds collected from this additional one-half (½) of one percent (1%) income tax shall be deposited in the Village General Fund; and
(b) Fifty percent (50%) of the funds collected from this additional one-half (½) of one percent (1%) income tax shall be deposited in the Village Capital Improvement Fund.
(Ord. 2018-2. Passed 2-8-18.)