184.013 ALLOCATION OF FUNDS.

The monies collected under the provisions of this chapter shall be deposited in the General Fund, and such monies shall be disbursed for the following purposes and in the following order:

(A) Such part thereof as shall be necessary to defray all costs of collecting the taxes levied by this chapter and the cost of establishing the Income Tax Division and administering and enforcing the provisions thereof.

(B) The balance of such monies, after providing for the requirements in subsection (a) hereof shall be allocated into the General Fund of the Municipality.

(Ord. 091-2015. Passed 12-1-15.)

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