(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 hereby levies an annual municipal income tax on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided.
(b) (1) The annual tax is levied at a rate of 2%. The tax is levied at a uniform rate on all persons residing in or earning or receiving income in the city. The tax is levied on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided in § 891.03 and other sections as they may apply.
(2) One percent per annum shall be to provide funds for the general municipal functions of the city, and paying debt charges on securities and other obligations of the city related thereto.
(3) One half of one percent per annum shall be to provide funds for the construction, replacement and/or repair of various capital improvements in the municipality including but not limited to water facilities with necessary appurtenances, streets and roadways throughout the municipality with necessary appurtenances, storm and sanitary sewer systems with necessary appurtenances, parks and recreational facilities with necessary appurtenances and municipal buildings with necessary appurtenances, and paying debt charges on securities and other obligations of the city related thereto.
(4) One half of one percent per annum shall be to provide funds for all capital and operating expenses of the Department of Public Safety and the Service Department, and paying debt charges on securities and other obligations of the city related thereto.
(c) The tax on income and the withholding tax established by this chapter 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 R.C. Chapter 718.
(Ord. 2015-212, passed 11-2-2015; Ord. 2023-145, passed 11-20-2023)