A. The Income Tax for the City of Conneaut is an annual tax levied on the income of every person or business entity residing in or earning or receiving income in the municipal corporation and this tax shall be measured by municipal taxable income.
B. The City of Conneaut is levying the tax in accordance with the limitations specified in this chapter and that this ordinance incorporates the provisions of this chapter;
C. The rate of the tax is 1.65%
D. Residents of the City of Conneaut shall be given a credit to the extent to which income is withheld or paid to other municipalities.
E. The purpose of the tax shall to pay for municipal improvements, operation costs, salaries, equipment and such other uses as may be deemed proper and appropriate by the City Council.
(Ord. 100-15. Passed 11-23-15.)