§ 5.20.150 IMPOSITION OF TAX.
   There is hereby imposed on all “financial institutions”, as defined in KRS Ch. 136, located within the corporate of the city, for the 1997 tax year and all subsequent years, a franchise tax at the rate of 0,025% on all deposits, as defined in KRS Ch. 136, maintained by such financial institutions.
(Ord. 97-10, passed 8-25-1997)