(a) There is hereby levied a tax on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided, to provide funds for the purposes of general Municipal operations, maintenance, new equipment, extension and enlargement of Municipal services and facilities and capital improvements of the City.
(b) There is hereby levied a tax on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided, to provide funds for the purposes of providing for the general operating expenses and capital improvements of the Fire Department. The tax imposed by this section shall be exclusively restricted to funding general operating expenses and capital improvements of the Fire Department, after the application of a pro-rata share of Section 881.013(a).
(c) An annual tax for the purposes specified in division (a) of this section shall be imposed at the rate of one percent per annum.
(d) An annual tax for the purposes specified in division (b) of this section shall be imposed at the rate of one-half of one percent per annum.
(Ord. 162-15. Passed 10-1-15.)