(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 City of Ravenna hereby levies an annual municipal income tax on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided.
(B) (1) Effective May 1, 2016, the annual tax is levied at a rate of two and one half percent (2.50%). The tax is levied at a uniform rate on all persons residing in or earning or receiving income in the City of Ravenna. The tax is levied on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided in Section 881.03 of this Chapter and other sections as they may apply. (For the year 2016 the tax rate for the months of January, February, March, and April is levied at the rate of two and one quarter percent (2.25%) ).
(2) Allocation of Funds - Based on a full year of taxation with all income taxable at 2.50%.
General Operations | 1.198% |
General Safety | 0.250% |
EMS Operations | 0.080% |
Street Operations | 0.147% |
Roadway Improvements | 0.250% |
Recreation Operations | 0.100% |
Park Capital Improvements | 0.050% |
Capital Improvements | 0.175% |
Water Operating & Capital | 0.250% |
Total Income Tax | 2.500% |
(C) The tax on income and the withholding tax established in Chapter 881 of the City of Ravenna Codified Ordinances 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 718.
(Ord. 2018-087. Passed 8-6-18.)