181.012 PURPOSES OF TAX; RATE

(A) To provide funds for the purpose of general Municipal operation, capital improvements, sanitary sewer improvements and bond retirement for the Village, there shall be and hereby is levied tax on salaries, wages, commissions and other compensation and net profits as hereinafter provided.

(B) Rate of tax - One percent ( 1.00%) per year.

(Ord. 770. Passed 12-16-15.)

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