(A) To provide funds for the purposes of general municipal operations, maintenance, new equipment, extension and enlargement of municipal services and facilities and capital improvements, the City of Circleville hereby levies an annual municipal income tax on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided.
(Ord. 12-86-15. Passed 12-1-15.)
(B) (1) The annual tax is levied at a rate of two and one-half percent (2.5%). 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 192.03 of this chapter and other sections as they may apply. (Ord. 12-71-19. Passed 12-17-19.)
(2) Allocation of Funds. The funds collected under the provisions of this chapter shall be deposited in the Income Tax Revenue Fund and such funds collected from January 1, 2023 through December 31, 2023 shall be disbursed in the following:
(a) Such part thereof as shall be necessary to defray all costs of collecting the taxes and the cost of administering and enforcing the provision thereof.
(b) Not more than eighty-one percent (81%) of the net available income tax receipts received annually may be used to defray operating expense of the City.
(c) At least nineteen percent (19%) of the net available income tax receipts received annually shall be set aside and used for capital improvements for the City including, but not limited to, development and construction of storm sewers and street improvements; for public buildings, parks and playgrounds; and for equipment necessary for the Divisions of Police and Fire and the Departments of Public Services and Public Safety; and all street lighting necessary for the City.
(d) The five-tenths of one percent (0.5%) municipal income tax rate commencing July 1, 1988, is to be set aside and allocated for the purpose of operating and maintaining the safety forces.
(e) The one-tenth of one percent (0.1%) municipal income tax rate commencing January 1, 2015, is to be set aside and allocated for the purpose of operating and maintaining the safety forces.
(f) The four-tenths of one percent (0.4%) municipal income tax rate commencing January 1, 2015, is to be set aside and allocated for the purpose of expenditures for capital improvements for the development and construction of street improvements and storm sewers; for parks and playgrounds; and for all city lighting necessary.
(g) The five-tenths of one percent (0.5%) municipal income tax rate commencing January 1, 2020, is to be set aside and allocated for the purpose of operating and maintaining the safety forces.
(Ord. 12-97-2022. Passed 12-27-22.)
(C) The tax on income and the withholding tax established by this chapter 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.
(Ord. 12-86-15. Passed 12-1-15.)