§ 23-73. Distribution of revenues.

The county retains all business tax revenues collected from businesses, professions, or occupations, whose places of business are located in the unincorporated portions of the county. Those business tax revenues collected from businesses, professions, or occupations, whose places of business are located within a municipality, exclusive of the costs of collection, must be apportioned between the unincorporated area of the county and the incorporated municipalities located therein by a ratio derived by dividing their respective populations by the population of the county. The revenues so apportioned shall be sent to the government authority of each municipality, according to its ratio, and to board of county commissioners, according to the ratio of the unincorporated area, within 15 days after the month of receipt.

(Code 1979, § 12.1-3; Ord. No. 22-1995, § 2; Ord. No. 027-2006, § 4)