163.04 EFFECTIVE PERIOD.
   (EDITOR'S NOTE: Pursuant to Resolution 78-04 and Ordinance 44-04 an additional one-quarter of one percent (0.25%) was added for the purpose of "constructing, reconstructing, resurfacing and repairing local streets, thoroughfare streets and alleys and financing of the permanent improvements". Pursuant to Resolution 79-04 and Ordinance 45-04 a second additional one-quarter of one percent (0.25%) was added for the purpose of "fire and emergency medical service improvements" These combine to bring the new rate to one and one-half percent (1½%)).
Such tax, equal to one and one-half percent (1½%) per annum, shall be levied, collected and paid with respect to the salaries, wages, commissions and other compensation received and shall be levied with respect to the net profits of businesses, professions or other activities earned and accrued or received from and after January 1, 2005 through December 31, 2014, both inclusive, after which time the imposed rate shall return to the rate of one percent (1%) per annum.
(Ord. 44-04. Passed by Voters 11-2-04; Ord. 45-04. Passed by Voters 11-2-04.)