(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, City of Garfield Heights hereby levies an annual municipal income tax on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided.
(B) (1) The annual tax is levied at a rate of 2% (two percent). The tax is levied at a uniform rate on all persons residing in or earning or receiving income in City of Garfield Heights. The tax is levied on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided in Section 183.03 of this Chapter and other sections as they may apply.
(2) The funds collected under the provisions of this chapter shall be disbursed in the following manner:
(a) Such part as shall be necessary to defray all expenses of collecting the tax and of administering and enforcing the provisions of this chapter shall be paid.
(b) Six percent (6%) shall be deposited in the Sewer Fund, pursuant to the Charter of the City of Garfield Heights, Section 22A as amended on November 3, 1987.
(c) Six percent (6%) shall be deposited in the Street Fund, pursuant to the Charter of the City of Garfield Heights, Section 22A as amended on November 3, 1987.
(d) Seventy-five percent (75%) shall be deposited in the General Fund.
(e) Six percent (6%) shall be deposited in the Recreation Fund.
(f) Seven percent (7%) shall be deposited in the Debt Amortization Fund.
(C) The tax on income and the withholding tax established by this Chapter 183 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 (ORC 718).
(Ord. 47-2015. Passed 10-26-15.)