A. The Thurston County treasurer shall place one percent of the proceeds of the taxes imposed by Section 3.07.010 in the county current expense fund to defray costs of collection.

B. The remaining proceeds from city taxes imposed in this chapter shall be distributed to the city monthly and those taxes imposed under Section 3.07.010 shall be placed by the city treasurer in a municipal capital improvements fund. These capital improvements funds shall be used by the city for local improvements, including those listed in RCW 35.43.040. Those taxes imposed under Section 3.07.015 shall be deposited in a separate capital improvement fund to be used solely for the purpose of transportation related improvements including planning, land and other acquisitions, construction, repair, replacement and rehabilitation of such transportation or transportation related improvements.

C. This section shall not limit the existing authority of this city to impose special assessments on property benefited thereby in the manner prescribed by law. (Ord. 948 §2, 1992; Ord. 658 (part), 1982).