§ 106-82. Allocation of funds.

Latest version.

Fifty percent of the tax money collected shall be deposited in the general fund and 50 percent shall be deposited in the community redevelopment fund for distribution by the council, a portion of which, will be transferred to the park improvement fund on an annual basis. These allocations may be changed by the action of the corporate authorities at any time.

(Code 1978, § 891.06; Res. No. 196-01-2003, 1-7-2003)

                    
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