§ 115.01 TAX IMPOSED.
   There is hereby imposed on all financial institutions as defined in KRS Chapter 136, that are located within the city, for the 1996 tax year and all subsequent tax years, a franchise tax at the rate of 0.025 percent on all deposits, as defined in KRS Chapter 136, maintained by the financial institutions.
(Ord. 21:96, passed 9-9-96)