There shall be levied an income tax to provide funds for the purposes of general municipal operations, maintenance of equipment, extension and enlargement of municipal services and facilities, and capital improvements of the Municipality.
Subject to the provisions of this Chapter, an annual tax shall be imposed on and after January 1, 2016, at the rate of one percent (1%) per annum as set forth herein.
(Ord. 2015-101. Passed 12-15-15.)