(A) To provide funds for the purposes of general municipal operations, maintenance, new equipment, extension and enlargement of municipal services and facilities, payment of debt charges, capital improvements, and all other lawful municipal purposes, the City of Chardon ("the City") 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 2% (two percent). The tax is levied at a uniform rate on all persons residing in or earning or receiving income in the City. The tax is levied on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided in Section 152.03 and other sections of this Chapter as they may apply.
(C) The tax on income and the withholding tax established by this Chapter 152 are authorized by Article XVIII, Section 3 of the Ohio Constitution. The tax is levied in accordance with, and is intended to comply with, the provisions and limitations of Ohio Revised Code Chapter 718 (ORC 718). This Chapter 152 is effective January 1, 2016 for tax years beginning on or after January 1, 2016. Tax years beginning on or before December 31, 2015 shall be subject to the provisions of Chapter 151, and any amendments thereto, as well as any rules and regulations and amendments thereto, as they existed before January 1, 2016.
(Ord. 2902. Passed 11-12-15.)