All funds paid to Marion County from oil and gas taxes pursuant to Section 40–20–8 shall be distributed in the following manner:
(1) Fifty percent to the county commission to be expended at its discretion, with emphasis on road construction and maintenance.
(2) Thirty percent to the city and county boards of education with the distribution to be made on the basis of the State Department of Education's percentage distribution ratio for dividing funds between the Marion County and Winfield City school systems.
(3) Five percent to the sheriff for law enforcement and alcohol and drug abuse programs.
(4) Three percent to the county firefighters association to be distributed by the association to municipal and volunteer fire departments on an equal basis for fire protection.
(5) Two percent to the county commission to be distributed to rescue squads and municipal ambulance services and libraries on an equal basis.
(6) Ten percent for additional construction and expansion of a countywide water system to be administered by the county commission in consultation with various water authorities.