Alabama Code 45-25A-140. Disposition of sales and use tax proceeds

One-half of one cent of the existing city sales and use tax in the City of Rainsville in DeKalb County shall be distributed as follows:

(1) The first ten thousand dollars ($10,000) received each month for a period of 40 years from June 1, 2005, shall be allocated for the operation and maintenance of the Agricenter, or its successor.

Terms Used In Alabama Code 45-25A-140

month: means a calendar month. See Alabama Code 1-1-1

(2) The remaining funds shall be allocated to the city general fund.

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