There is created a cumulative reserve account to be known as the real estate excise tax cumulative reserve within the real estate excise tax fund created by chapter 4.12 SCC. (Added by Ord. 05-131, Nov. 21, 2005, Eff date Dec. 18, 2005; Amended by Ord. 06-081, Nov. 15, 2006, Eff date Nov. 26, 2006; Amended by Ord. 07-141, Dec. 19, 2007, Eff date Jan. 1, 2008).