The purpose of this chapter is to provide funds for the purposes of general municipal operations, maintenance, new equipment, extension, and enlargement of municipal services and facilities and capital improvements of the village, including the payment of interest and principal on notes and bonds which may be lawfully issued for such purposes, there shall be and is hereby levied a 1% tax per annum on salaries, wages, commissions, and other compensation, and on net profits as hereinafter provided.
(R.C. § 718.04) (Ord. 1543, passed 12-15-2015)