Upon every person engaging or continuing within the municipality in any public service or utility business, except railroad, railroad car, express, pipeline, telephone and telegraph companies, water carriers by steamboat or steamship and motor carriers, there is levied, and shall be collected, taxes on account of the business engaged in equal to the gross income of the business multiplied by the respective rates as follows: Street and interurban electric railways, zero percent (0%); water companies, three percent (3.00%), except as to income received by municipality-owned water plants; electric light and power companies, three percent (3.00%) on sales and demand charges for domestic and commercial lighting and two percent (2.00%) on sales and demand charges for all other purposes, except as to income received by municipality-owned plants producing or purchasing electricity and distributing same; natural gas companies, two percent (2.00%); toll bridge companies, two percent (2.00%); and upon all other public service or utility business, one percent (1.00%). The measure of this tax shall not include gross income derived from commerce between the state and other states of the United States. The measure of the tax under this Section shall include only gross income received from the supplying of public service. The gross income of the taxpayer from any other activity shall be included in the measure of the tax imposed upon such other activity by the appropriate Section of this Article.
(Ord. 313. Passed 11-15-22.)