§ 24-219. Use of funds.

(a)

The collecting governmental unit shall be entitled to up to but not more than four percent of the funds collected to compensate them for the actual administrative expense of collecting and administering this article. All remaining funds collected from public buildings impact fees shall be used solely for the purpose of capital improvements to the county's public buildings contained within the county's comprehensive plan and identified within the technical memorandum titled "Methods Used to Update Library, Public Buildings, Park and Recreation, and Law Enforcement Impact Fees," dated October 4, 2016, by Dr. James C. Nicholas, as modified based on public comments and submittals, which contains the most recent and localized data and which is incorporated by reference, and not for maintenance or operations. Land acquisition and improvements shall be of the type made necessary by the county's growth and development.

(b)

Each July the county administrator shall present to the board of county commissioners a proposed capital improvement program for public building and facilities, assigning funds, including any accrued interest, from the public buildings impact fee trust fund to specific public buildings improvements projects and related expenses. Monies, including any accrued interest, not assigned in any fiscal period shall be retained in the same public buildings impact fee trust fund until the next fiscal period except as provided by the refund provisions of this article. Funds shall be deemed expended in the order received.

(c)

The board of county commissioners may enter into interlocal agreements with the governing bodies of the municipalities in the county to ensure proper use of the funds collected pursuant to this article.

(Code 1982, § 1-16.3-23; Ord. No. 95-41, pt. A, 9-19-1995; Ord. No. 00-009, pt. A, 5-9-2000; Ord. No. 05-030, pt. F, 9-6-2005; Ord. No. 05-037, pt. A, 10-11-2005; Ord. No. 09-022, pt. B, 12-15-2009; Ord. No. 17-013 , pt. A, 6-6-2017)