Summary
The Ordinance Establishes Funding, Payment, and Accounting Procedures and Limits the Town's Obligation to Specified Pledged Revenues. The GRT Fire Services Fund is established to dedicate certain gross receipts tax revenues for the purpose of funding the Town's obligations under the Joint Powers Agreement with Santa Fe County for fire suppression, fire prevention, rescue, and emergency medical services. The fund shall serve as the sole source of payment for the Town's obligations under the Agreement.