§ 17-243. Use of proceeds.

Collected taxes may be used for both operating and capital expenditures. During the first fiscal year of implementation, collected taxes shall be expended on an approximate percentage basis as follows:

(1)

Twenty-five (25) percent shall be used to acquire, operate and maintain parks, environmentally sensitive lands and recreational facilities;

(2)

Thirty (30) percent shall be used for law enforcement;

(3)

Fifteen (15) percent shall be used for community services and social service programs;

(4)

Fifteen (15) percent shall be used for stormwater management;

(5)

Five (5) percent shall be used for transportation and transit;

(6)

Ten (10) percent shall be held in reserve to be allocated and expended as needed.

Following the first fiscal year of implementation, taxes may be expended based upon budgetary priorities, except that a minimum of seven million five hundred thousand dollars ($7,500,000.00) must be expended yearly for parks, recreation and environmentally sensitive lands and a portion of the tax collected, not to exceed three (3) percent, shall be deducted by the comptroller for costs of administration audit, enforcement and collection of the tax.

(Ord. No. 91-17, § 9, 8-6-91; Ord. No. 98-33, § 1, 11-10-98)