There is imposed on all “financial institutions”, as defined in KRS Chapter 136, located within the city for the 2023 tax year and all subsequent years, a franchise tax at the rate of 0.025% on all deposits, as defined by KRS Chapter 136, maintained by such financial institutions.
(Ord. 96-6, passed 7-15-96; Am. Ord. 97-13, passed 10-6-97; Am. Ord. 98-5, passed 9-21-98; Am. Ord. 99-11, passed 10-4-99; Am. Ord. 2000-10, passed 10-2-00; Am. Ord. 2001-9, passed 9-17-01; Am. Ord. 2002-14, passed 10-7-02; Am. Ord. 2003-9, passed 9-2-03; Am. Ord. 2004-10, passed 9-20-04; Am. Ord. 2005-7, passed 9-19-05; Am. Ord. 2006-13, passed 9-18-06; Am. Ord. 2007-7, passed 9-4-07; Am. Ord. 2008-10, passed 9-29-08; Am. Ord. 2009-08, passed 9-8-09; Am. Ord. 2010-12, passed 10-4-10; Am. Ord. 2011-11, passed 10-3-11; Am. Ord. 2012-07, passed 8-20-12; Am. Ord. 2013-10, passed 9-16-13; Am. Ord. 2014-08, passed 9-29-14; Am. Ord. 2015-08, passed 9-25-15; Am. Ord. 2016-13, passed 9-29-16; Am. Ord. 2017-13, passed 9-18-17; Am. Ord. 2018-18, passed 9-21-18; Am. Ord. 2020-16, passed 9-21-20; Am. Ord. 2021-09, passed 9-20-21; Am. Ord. 2022-06, passed 9-22-22; Am. Ord. 2023-21, passed 9-5-23)