The compensation to be paid to the person holding
the office of Income Tax Officer established by Ord. No. A-733, passed
the fifth day of December, and approved the 10th day of December,
1966, for performance of all of the duties of that office, shall be
4% of the gross amount of all taxes, interest and penalties collected
by such officer and finally received by the Borough of Kane after
allowance for all credits, deductions or refunds authorized by Ord.
No. A-733 or by an Act of the General Assembly of the Commonwealth
of Pennsylvania of December 31st, 1965, being Act 511 of the 1965
Session of the General Assembly as hereafter amended or supplemented.[1]
[1]
Editor's Note: See 53 P.S. § 6901
et seq.
A.
The Income Tax Officer shall be paid monthly out of
the general fund of the Borough, for all taxes, interest and penalties
collected by him and paid over to the Treasurer of the Borough during
the preceding calendar month.
B.
On or before the 30th day of June, 1967, and annually
thereafter, final adjustment of compensation due to the Income Tax
Officer shall be made for the preceding year. Any balance of compensation
due to said officer for taxes, interest and penalties collected by
him and finally received by the Borough of Kane after allowance for
all credits, deductions or refunds authorized by Ord. No. A-733[1] or by the aforesaid Act of the General Assembly shall
be paid to him at the time of such final adjustment. If allowances
of credits, deductions or refunds authorized by Ord. No. A-733 or
by the aforesaid Act of the General Assembly shall result in such
officer's having received excess payment of compensation, he shall
pay over to the Treasurer of the Borough the full amount of such excess
compensation at the time of such final adjustment.
