(A) An ad valorem tax of $.230 be and is hereby levied on each $100 of fair cash value of all real property in the city.
(B) An ad valorem tax of $.3105 be and is hereby levied on each $100 of fair cash value of all personal property in the city.
(C) An ad valorem tax of $.230 be and is hereby levied on each $100 of fair cash value of all public utilities.
(D) In accordance with KRS 132.487(2) an ad valorem tax of $.229 be and is hereby levied on each $100 of fair cash value of all motor vehicles in the City of Marion, Kentucky; and in accordance with KRS 132.488, an ad valorem tax of $.229 be and is hereby levied on each $100 of fair cash value of all motorboats in the city.
(E) The tax under divisions (A), (B), (C), and (D) shall be levied for the purpose of providing public services such as fire protection, police protection, maintenance, repair and improvement of streets and parks and for taking care of the general miscellaneous expenses of the city. All taxes listed, supra, shall be paid into the General Fund of the city.
(F) This tax levy ordinance DOES NOT pertain or relate to the franchise tax on all deposits, as defined in KRS Chapter 136, maintained by such financial institutions in the city, in that the bank franchise and local deposits tax has been enacted, as set forth in § 33.40
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(Ord. 84-13, passed 9-17-84; Am. Ord. 85-14, passed 8-19-85; Am. Ord. 86-12A, passed 8-16-86; Am. Ord. 87-31, passed 8-17-87; Am. Ord. 88-14, passed 8-15-88; Am. Ord. 90-22, passed 8-20-90; Am. Ord. 91-18, passed 9-16-91; Am. Ord. 92-20, passed 9-8-92; Am. Ord. 93-21, passed 8-30-93; Am. Ord. 94-9, passed 9-19-94; Am. Ord. 95-9, passed 9-21-95; Am. Ord. 96-14, passed 9-23-96; Am. Ord. 97-19, passed 9-15-97; Am. Ord. 98-07, passed 8-20-98; Am. Ord. 99-12, passed 8-26-99; Am. Ord. 00-08, passed 8-21-00; Am. Ord. 01-20, passed 8-20-01; Am. Ord. 02-20, passed 8-26-02; Am. Ord. 03-17, passed 8-18-03; Am. Ord. 05-13, passed 9-19-05; Am. Ord. 06-23, passed 8-24-06; Am. Ord. 07-08, passed 9-5-07; Am. Ord. 08-10, passed 8-25-08; Am. Ord. 09-07, passed 8-17-09; Am. Ord. 10-05, passed 8-23-10; Am. Ord. 11-06, passed 8-22-11; Am. Ord. 13-08, passed 8-26-13; Am. Ord. 14-07, passed 8-20-14; Am. Ord. 15-06, passed 8-24-15; Am. Ord. 16-11, passed 8-22-16; Am. Ord. 17-09, passed 8-31-17; Am. Ord. 18-08, passed 8-27-18; Am. Ord. 19-09, passed 8-29-19)