(A) To provide funds for the purposes of general municipal operations and capital improvements, the Village of Byesville hereby levies an annual municipal income tax on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided.
(B) The annual tax is levied at a rate of one percent (1.0%). The tax is levied at a uniform rate on all persons residing in or earning or receiving income in the Village of Byesville. The tax is levied on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided in Section 185.03 of this Chapter and other sections as they may apply. The funds collected under the provisions of this chapter shall be deposited in the General Fund, and such funds collected shall first be disbursed as necessary to defray all costs of collecting taxes and the cost of administering and enforcing the provisions thereof, and all of the remainder of the net available income tax receipts received annually shall be used to defray operating and capital expenses of the Village.
(C) The tax on income and the withholding tax established by this Ordinance 2015-25 are authorized by Article XVIII, 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 (ORC 718). This ordinance is effective for tax years beginning on and after January 1, 2016. Municipal tax years beginning on or before December 31, 2015, are subject to the income tax ordinance and amendments thereto, and rules and regulations and amendments thereto, as they existed before January 1, 2016.
(Ord. 2015-25. Passed 12-16-15.)