(A) There is hereby levied a tax at the rate of one and one-half percent (1.5%) on salaries, wages, commissions and other compensation and on net profits, as here and after provided. Not more than nine-tenths of the proceeds of the levy of such tax shall be used to provide funds for the purpose of financing general municipal operations, maintenance, new equipment, extension and enlargement of municipal services and facilities and capital improvements of the City and not less than one-tenth of the proceeds of the levy of such tax shall be used only to provide funds for the purpose of financing capital improvements of the City. [This is the tax adopted in Ordinance 69-190 and Ordinance 04-365. In this Chapter 196, this tax is referred to as "the tax provided for under Section 195.01"]
(B) In addition to the tax provided for under Section 195.01, which is levied at a rate of one-and-one-half percent (1-1/2%), and referred to in the preceding subsection 196.012(A), an annual tax of one-half percent (1/2%) shall be imposed on and after July 1, 2015, and ending June 30, 2030. Such tax shall be levied and collected in the same manner as the tax provided for in Section 195.01 and as provided for in this Chapter 196. The proceeds of such tax shall be used for current operating expenses and capital improvements; provided, however, that at least ten percent (10%) of such proceeds shall be placed in the permanent improvement funds of the City, and, as appropriated from time to time, shall be used for, and only for, capital improvement purposes of the City, including debt service charges on notes and bonds issued for capital improvements of The City of Springfield, Ohio. [This is the tax adopted in Ordinance 14-159]
Editor's Note: Section (C) below is in effect through December 31, 2022 and will be replaced with new Section (C) as underlined below on January 1, 2023. The new Section (C) was adopted by Ordinance No. 21-152 passed May 4, 2021, by a vote of the electorate.
(C) In addition to the tax provided for under Section 196.012(A), which is levied at a rate of one-and-one-half percent (1-1/2%), and referred to in the preceding subsection 196.012(A), and the tax provided for under Section 196.012(B) which is levied at the rate of one-half percent (1/2%), a tax at the rate of four-tenths of one percent (0.4%) shall be imposed on and after July 1, 2017, and ending December 31, 2022. Such tax shall be levied on salaries, wages, commissions and other compensation and on net profits, as here and after provided, and collected in the same manner as the tax provided for in Section 195.01 and as provided for in this Chapter 196. The proceeds of such tax shall be used for public safety and other operating expenses and street and other capital improvements; provided, however, that at least ten percent (10%) of such proceeds shall be placed in the permanent improvement funds of the City, and, as appropriated from time to time, shall be used for, and only for, capital improvement purposes of the City, including debt service charges on notes and bonds issued for capital improvements of The City of Springfield, Ohio. [This is the tax adopted in Ordinance 17-118.]
(C) In addition to the tax provided for under Section 196.012
(A), which is levied at a rate of one-and-one-half percent (1-1/2%), and referred to in the preceding subsection 196.012
(A), and the tax provided for under Section 196.012
(B) which is levied at the rate of one-half percent (1/2%), a tax at the rate of four-tenths of one percent (0.4%) shall be imposed on and after January 1, 2023, and ending December 31, 2032. Such tax shall be levied on salaries, wages, commissions and other compensation and on net profits, as here and after provided, and collected in the same manner as the tax provided for in Section 195.01
and as provided for in this Chapter 196
. The proceeds of such tax shall be used for public safety and other operating expenses and street and other capital improvements; provided, however, that at least ten percent (10%) of such proceeds shall be placed in the permanent improvement funds of the City, and, as appropriated from time to time, shall be used for, and only for, capital improvement purposes of the City, including debt service charges on notes and bonds issued for capital improvements of The City of Springfield, Ohio. [This is the tax adopted in Ordinance 21-152.]
(D) For any tax year ending in 2017, a taxpayer may calculate the tax due under Chapter 196 of the Codified Ordinances by using 2.2% of the taxpayer's Municipal Taxable Income. [This paragraph adopted in Ordinance 17-118]