(A) To provide funds for the purposes of (1) general municipal operations, maintenance, new equipment, extension and enlargement of municipal services and facilities and capital improvements of the City of Bellefontaine, and (2) parks and recreation operations and capital expenditures, the City of Bellefontaine hereby levies an annual municipal income tax on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided.
(B) (l) The annual tax is levied at a rate of 1.60%. Specifically, 1.333% shall be used exclusively for those purposes set forth in Section 192.01
(A)(1) herein above, and 0.267% shall be used exclusively for those purposes set forth in Section 192.01
(A)(2) herein above. The tax is levied at a uniform rate on all persons residing in or earning or receiving income in the City of Bellefontaine. The tax is levied on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided in Section 192.03
of this Ordinance and other sections as they may apply.
(C) The tax on income and the withholding tax established by this Chapter/Ordinance 15-78 are authorized by Article XVIlI, Section 3 of the Ohio Constitution. The tax is levied in accordance with, and is intended to be consistent with, the provisions and limitations of Ohio Revised Code 718.
(Ord. 24-36. Passed 5-28-24.)