§ 666.107. Remittance of tax to City.

Monthly, the Tax Collector shall remit to the City collections received by the Tax Collector, less one percent (1%) for the Tax Collector's administrative costs pursuant to Section 666.106, Ordinance Code. Upon receipt of such funds from the Tax Collector, the Director of Finance and Administration shall credit the Tourist Development Tax Special Revenue Fund established by Section 111.600, Ordinance Code, with the total amount received. The funds in the Tourist Development Tax Special Revenue Fund shall be expended in accordance with Section 111.600 and as provided in this Chapter and the annual budget approved by the City Council.

(Ord. 78-788-363, § 1; Ord. 83-591-400, § 1; Ord. 90-656-410, § 3; Ord. 2006-422-E, § 124; Ord. 2016-140-E , § 16; Ord. 2016-599-E , § 6)

Editor's note— Ordinance 2007-839-E, § 18, authorized updated department/division names pursuant to reorganization.

Note— Former § 264.107.