§ 2-29-34. Distribution of proceeds.

(1)

The proceeds of the four-cent tax levied pursuant to section 2-29-31, during the initial five-year imposition (September 1, 1983 to August 31, 1988) shall be distributed in accordance with the interlocal agreement dated May 24, 1983.

(2)

The proceeds of (a) the four-cent tax levied pursuant to section 2-29-31 after the initial five-year imposition (September 1, 1988 forward), and (b) the five-cent and six-cent tax levied pursuant to section 2-29-32 throughout its imposition, shall be distributed among Manatee County and the eligible municipalities based on the proportionate transportation expenditures of each as provided in Section 336.025(4), Florida Statutes.

(Ord. No. 13-29, § 3(Exh. A), 7-30-13)