(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, the village 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 1.75%. The tax is levied at a uniform rate on all persons residing in or earning or receiving income in the village. The tax is levied on income, qualifying wages, commissions, and other compensation, and on net profits as hereinafter provided in § 34.17 and other sections as they may apply.
(2) This 0.75% income tax increase will be in addition to the current 1.0% used to fund the village. The purpose of this 0.75% increase tax is for police services and cost associated with those services, to include, but is not limited to, salaries, vehicles, maintenance, equipment, and all other items associated with police services. This will be separated from the General Fund and be a stand- alone fund.
(C) The tax on income and the withholding tax established by this subchapter 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 R.C. Chapter 718.
(Ord. 265(B), passed 11-14-2023)