The annual tax for the purposes specified in Section 881.01 shall be imposed on and after January 1, 2016 for tax year 2016 and beyond, at the rate of one and one-half percent per annum on taxable income for every person residing in or earning or receiving income in the City of New Carlisle and that the tax shall be measured by Municipal taxable income as defined in Ohio R.C. Chapter 718. This is a continuation of the tax rate in effect July 1, 2015 in Chapter 880.
(Ord. 15-54E. Passed 12-7-15.)