(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 Kent, Ohio 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 income tax levied by the City of Kent, Ohio is hereby imposed for the period from January 1, 2014 through December 31, 2038, at the rate of two and one-quarter percent (2.25%) per annum, and beginning January 1, 2039 and thereafter, at the rate of two percent (2%) per annum. The tax is levied at a uniform rate on all persons residing in or earning or receiving income in the City of Kent, Ohio. The tax is levied on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided in Section 187.03
of this Chapter and other sections as they may apply.
(2) Intentionally left blank.
(C) The tax on income and the withholding tax established by this Chapter 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. 2015-150. Passed 11-18-15.)