(A) The City imposes an annual tax on the Income of every person residing in or earning or receiving Income in the City, which tax is measured by Municipal Taxable Income and levied as follows at the uniform rate of two and one-fourth percent (2.25%):
(1) Tax at a uniform rate of one percent (1% ) for a continuing period of time from and after January 1, 2001; and
(2) Tax at a uniform rate of one-half (½) of one percent (1%), for a period of six (6) years from and after July 1, 2019, to be exclusively used for the construction, general improvement and continued maintenance, repair and upkeep of the public streets, thoroughfares and alleys, curbs, gutters, catch basins and wheelchair ramps within the City and the purchase of such street equipment and machinery as may be deemed necessary to accomplish the same; and
(3) Tax at a rate of at the rate of one-half (½) of one percent (1%) for a continuing period of time from and after January 1, 2014, designated for Safety Forces only; and
(4) Tax at a rate of at the rate of one-fourth (¼) of one percent (1%) for a period of five (5) years from and after July 1, 2023, for the purposes of general operations, maintenance, new equipment, and capital improvements for the City's safety forces, including police and fire, including the payment of debt service charges on securities issued for those purposes.
(B) The provisions of this Chapter 189 regarding the collection and enforcement of the tax levied by this Section 189.012 shall continue effective until all of such tax is fully paid and any and all suits and prosecutions for the collection of such tax, or for the punishment of violations of this Chapter 189, shall have been fully terminated.
(Ord. 03-2023. Passed 1-25-23.)