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To provide funds for the purposes of general Municipal operation, maintenance, new equipment, extensions and enlargement of Municipal services and facilities, capital improvements of the City, community learning centers and paying debt charges on securities issued and public obligations incurred to pay costs related to the above-mentioned purposes, there is levied a tax on salaries, wages, commissions and other compensation, and on other net profits, as provided in this chapter.
(Ord. 92-11. Passed 7-1-91; Res. 03-R31. Passed 6-24-03.)