§ 32-62. Allocation, distribution, and expenditure of proceeds.

(a)

Pursuant to O.C.G.A. § 48-13-114(b), the excise tax proceeds shall be allocated and distributed by the governing authority of the county at the end of each calendar month. An amount equal to one percent of such proceeds collected by the county shall be paid into the general fund of the county to defray the costs of collection and administration.

(b)

The remainder shall be distributed in accordance with the intergovernmental agreement as required under O.C.G.A. § 48-13-114(b) and (c). Within 30 days following the end of each calendar month, the remainder shall be distributed to the general fund of the county and the general fund of each participating municipality in accordance with the applicable provisions of O.C.G.A. § 48-13-114(c)(1) or (2) as follows:

(1)

If two local sales and use taxes are in effect in the special district, an amount equal to one-half of the proceeds shall be distributed to the general fund of the county and the general fund of each participating municipality located in the county according to the same proportionate share as specified under the distribution provisions of the first local sales and use tax and an amount equal to one-half of the proceeds of the excise tax shall be distributed to the general fund of the county and the general fund of each participating municipality located in such county according to the same proportionate share as specified under the distribution provisions of the second local sales and use tax; or

(2)

If only one such local sales and use tax is in effect in the special district, then the proceeds of the excise tax shall be distributed to the general fund of the county and the general fund of each participating municipality located in the county according to the same proportionate share as specified under the distribution provisions of the local sales and use tax.

(c)

Except as provided in subsection (a) of this section, proceeds of the excise tax deposited in the general fund of the county may be expended for any lawful purpose as determined by the governing authority of the county.

(Ord. of 12-10-2012, § 7)