(A) A municipal income tax is hereby levied 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 Municipality.
(B) There is hereby levied an income tax at the rate of one and one-half percent (1.5%) per annum. The tax is levied at a uniform rate on all persons residing in or earning or receiving income in Plain City. The tax is levied on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided in Section 187.03 of this chapter and other sections as they may apply.
(C) The tax on income and the withholding tax established by this Chapter 187 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 Ohio Revised Code ("ORC") 718. (Ord. 15-19. Passed 11-25-19.)