A tax is imposed for the purpose of police protection in the city at the rate of .05% of the value, as equalized or assessed by the Department of Revenue of all the taxable property therein for the first year in which this tax is levied and at a rate of .075% of the value as equalized or assessed by the Department of Revenue for all taxable property therein, in all succeeding years, all in accordance with the provisions of the Illinois Municipal Code, ILCS Ch. 65, Act 5, § 11-1-3.
(Ord. 71-18, passed 9-13-71)