§ 29-296. Deposit into special fund; exception.  


Latest version.
  • All taxes, revenues, funds, assessments, moneys, penalties, fees or other income which may be collected or come into possession of the collector as an agent of the governing body under any provision or provisions of this article shall be promptly deposited by the collector for the account of the governing body in a special fund designated "Sales Tax Fund—1980," which fund shall be established and maintained as sacred funds of the governing body, provided, however, any amount which is paid under protest or which is subject to litigation may be transferred to another account established by the collector pending final determination of the protest or litigation.

(Ord. No. 38-1980, § 13.01, 10-27-80)