One and one-half percent of the tax collected under the provisions of this chapter
shall be placed in the general fund of the city to be used for the purpose of paying
all costs of collecting the taxes levied and the cost of administering and enforcing
the provisions thereof; for the payment of other current operating expenses of the
City; and for the payment of the costs of making such permanent improvement as Council
may determine from time to time. Thirty five one-hundredths percent of the tax collected
under the provision of this chapter shall be used for providing and maintaining equipment,
vehicles, communications, buildings and sites for such buildings, emergency medical
services, personnel, or other related costs for the operation of the Department of
Fire and Department of Police as defined in Ohio R.C. 5705.19(I) and (J). Fifteen
one-hundredths percent of the tax collected under the provision of this Chapter shall
be used for capital improvements. "Capital Improvements" shall be defined as any property,
asset or improvement with an estimated life or usefulness of five years or more, including
land and interests therein, and including reconstructions, enlargements and extensions
thereof having an estimated life or usefulness of five years or more. Reconstruction
for street purposes includes the resurfacing, but not the ordinary repair, of streets.
