§ 761.105. Remittance of surtax to the City.
The proceeds of The Better Jacksonville ½ Cent Sales Surtax shall be remitted to the City, in its capacity as a County and/or its capacity as a City, as provided by law, and shall be distributed, pursuant to F.S. § 212.055(2)(c), and other applicable provisions of law: (1) among the City of Jacksonville, and any and all municipalities in Duval County by interlocal agreement, or (2) according to the formula provided in F.S. § 218.62. The City's portion of such proceeds shall be deposited by the City in a separate trust fund which shall be established by future legislation and entitled "The Better Jacksonville Trust Fund," the monies in which shall be expended as provided by law. The Mayor shall provide, by executive order, for independent annual review, audit and citizen oversight of The Better Jacksonville Trust Fund and Plan.
(Ord. 2000-572-E, § 1)