Sec. 103. Treasurer's compensation.
From and after the first of January, 1910, the Treasurer
shall be allowed two per centum for his services in receiving
and collecting the revenues amounting to one hundred thousand
dollars or less, and one per centum on all revenues in excess
of one hundred thousand dollars; but he shall not be allowed
any compensation for disbursements.
The word "revenue" shall be construed to mean only money
arising from taxes, licenses, water and gas; that is to say,
money arising from some ordinance of the Council or general
law of the State to raise funds for the general benefit of the
city.
In no case shall the Treasurer be entitled to any compensation
for receiving or disbursing funds arising from the sale of bonds
or the issuing of notes by the city for any purpose.
