A. Tax rates based on gross receipts. The following tax rates based on gross receipts are hereby established and are designated as follows:
1. GRT-A $1.30 for each $1,000.00 or fraction thereof of gross receipts.
2. GRT-B $1.50 for each $1,000.00 or fraction thereof of gross receipts.
3. GRT-C $1.60 for each $1,000.00 or fraction thereof of gross receipts.
4. GRT-D $2.00 for each $1,000.00 or fraction thereof of gross receipts.
5. GRT-E $2.50 for each $1,000.00 or fraction thereof of gross receipts.
6. GRT-F $3.00 for each $1,000.00 or fraction thereof of gross receipts.
7. GRT-G $3.50 for each $1,000.00 or fraction thereof of gross receipts.
Note 1: The first $200,000 in annual gross receipts will be exempted from the tax for businesses whose tax rate is based on the gross receipts as listed under the § 11.01.245(A).
Note 2: An additional tax of 0.01% shall be assessed on gross receipts when reported gross receipts is more than $100,000,000 annually.
('65 Code, § 19-42) (Ord. No. 87-001 § 1; Ord. No. 89-016 § 7)
B. Flat rate tax machines. The following lump sum tax rates are hereby established and designated as set forth below:
1. FRTM-A $36.00 per year for each device and machine.
2. FRTM-B $6.00 per year for each device or machine.
('65 Code, § 19-43) (Ord. No. 87- 001 § 1; Ord. No. 2022-012 § 1 (part))