(a) To provide funds for the purposes of general municipal functions of the city there shall be and is hereby levied a tax on all income, salaries, wages, commissions and other compensations, and on net profits, at the rate of 1% per annum as hereinafter provided.
(b) In addition to the tax levied in division (a) hereof, an additional tax to provide funds for the replacement and/or repair of various water facilities, with necessary appurtenances, the construction and repair of various streets and roadways throughout the municipality with necessary appurtenances, and the construction and repair of various storm and sanitary sewer systems with necessary appurtenances, shall be and is hereby levied on all income, salaries, wages, commissions and other compensations, and on net profits, at the rate of 0.5% per annum from July 1, 1995, and thereafter, as hereinafter provided.
(c) In addition to the tax levied in divisions (a) and (b) hereof, an additional tax to provide funds for all capital and operating expenses of the Department of Public Safety and the Service Department shall be and is hereby levied on all income, salaries, wages, commissions and other compensations, and on net profits, at the rate of 0.5% per annum from July 1, 1989, and thereafter, as hereinafter provided.
(Ord. 2007-217, passed 10-15-2007)