163.012 PURPOSES OF TAX; RATE.
   (A)    To provide funds for the purposes of general municipal operations and other municipal purposes of the City of Chillicothe, Ohio including general fund, safety/levy-other, street construction, parks, recreation, bus system, safety/levy- capital and parks/recreation-capital. There shall be, and is hereby levied, a tax on gross salaries, gross wages, commissions, net gambling and lottery winnings of $1,000.00 or more, tips, severance packages, rental income, and other compensation, an on net profits and other taxable income as hereinafter provided. 401K and deferred compensation are not deducted under gross salaries or gross wages.
   (B)     Rate of tax is 2%.
(Ord. 124-15. Passed 12-14-15.)