4.__Transfer of revenue.__Each month, the assessor shall identify the amount of revenue attributable to each municipality under this section, subtract the costs of administering this section and certify the net amount due each municipality to the Treasurer of State.__Of the net amount certified under this subsection, the Treasurer of State shall make monthly payments to:

A.__The treasurer of a participating municipality in the amount of 75% of the net amount collected from that participating municipality; and

B.__The treasurer of a participating county in the amount of 25% of the net amount collected from participating municipalities within that county.

For purposes of this subsection, "costs of administering this section" means the lesser of the actual cost to the assessor and 2% of the total revenue generated by local option sales and use taxes.

5.__Disposition of participating county share.__Each participating county shall deposit the revenue received pursuant to subsection 4, paragraph B in a segregated account.__ A county shall determine its annual budget and assessment without consideration of the amount received pursuant to subsection 4, paragraph B.__Funds within the segregated account may only be used by the county to reduce on a pro rata basis the property tax assessment required from each participating municipality within the participating county.

6.__Disposition of participating municipality share.__Each participating municipality shall deposit the revenue received pursuant to subsection 4, paragraph A in a segregated account.__ A municipality shall determine its annual budget and assessment without consideration of the amount received pursuant to subsection 4, paragraph A.__Funds within the segregated account may be used only as provided in this subsection.

A.__As the first priority, the participating municipality shall use at least 50% of the funds annually deposited in