(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 (including payments on bonds and notes), the City of Marietta 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 tax is levied at a rate of one and eighty-five hundredths percent (1.85%). One and two-tenths percent (1.2%) shall be used for general municipal operations, maintenance, new equipment, extension, enlargement and improvement of municipal services and facilities and capital improvements of the City of Marietta, including the payment of principal of and interest on bonds and notes issued to finance such capital improvement. The one-half percent (0.5%) which was authorized in 1987 shall be used for the same purposes, and also for street construction, reconstruction, resurfacing, maintenance and repair. The remaining fifteen hundredths of one percent (0.15%), which was authorized in 2018, shall be used for the purposes set forth in this Section 183.01(B)(2)(c) and (d), as well as for the payment of principal of and interest on bonds and notes issued to finance the capital improvements described in this Section 183.01(B)(2)(c) and (d).
(2) The funds collected under the provisions of this Chapter shall be deposited in the Income Tax Fund in the following order:
(a) Such part thereof as shall be necessary to defray all costs of collecting the taxes and the cost of administering and enforcing the provisions thereof.
(b) Such part of the balance of such funds as shall bear the same ratio to the total tax collected as two-tenths of one percent (0.2%) bears to the total rate of tax imposed by this Section shall be used for the construction, equipping, maintaining and staffing of fire station number three and fire station number four.
(c) Such part of the balance of such funds as shall bear the same ratio to the total tax collected as twenty-five hundredths of one percent (0.25%) bears to the total rate of tax imposed by this Section shall be used for the construction, reconstruction, resurfacing, maintenance and repair of City streets.
(d) Such part of the balance of such funds as shall bear the same ratio to the total tax collected as one-tenth of one percent (0.1%) bears to the total rate of tax imposed by this Section shall be used for operation of the City of Marietta's fire department, including without limitation the maintenance of fire department assets and the acquisition of equipment and capital improvements for the fire department.
(e) Such part of the balance of such funds as shall bear the same ratio to the total tax collected as one-tenth of one percent (0.1%) bears to the total rate of tax imposed by this Section shall be used for capital improvements of the City of Marietta, including the payment of principal of and interest on bonds and notes issued to finance such capital improvements.
(f) Such part of the balance of such funds as shall bear the same ratio to the total tax collected as two-tenths of one percent (0.2%) bears to the total rate of tax imposed by this Section shall be used for general municipal operations, maintenance, new equipment, extension, enlargement and improvement of municipal services and facilities of the City of Marietta.
(g) The balance of the funds shall be used in accordance with appropriation ordinances adopted from time to time by Council.
(C) The tax is levied at a uniform rate on all persons residing in or earning or receiving income in the City of Marietta. 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). This Chapter is effective for tax years beginning on and after January 1, 2016. Municipal tax years beginning on or before December 31, 2015, are subject to the income tax ordinance and amendments thereto, and rules and regulations and amendments thereto, as they existed before January 1, 2016.
(Ord. 73(18-19). Passed 11-15-18.)