City of San Mateo Law Library
City of San Mateo Municipal Code.

3.56.140 SPECIAL FUND.

There shall be established and maintained a special fund called the transient occupancy tax fund into which shall be deposited all taxes and penalties collected pursuant to the provisions of this chapter. The Council may, from time to time, allocate any or all of said taxes and penalties collected as it deems proper; and, provided that said fund shall be liable for any expenses incurred by reason of the administration and collection of the tax imposed by this chapter.