(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) The annual tax is levied at a rate of two percent (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 Section 191.03 of this Chapter and other sections as they may apply.
(1) To provide funds for the purposes of general Municipal operations, maintenance, new equipment, extension and enlargement of Municipal services and facilities and capital improvements, there shall be and is hereby levied a tax of one percent (1%) per annum on salaries, wages, commissions and other compensation, and on net profits as hereinafter provided. (Ord. 2019-19. Passed 3-5-19.)
(2) An annual tax for the purposes specified in Section 191.01(C)(1) and (C)(2) shall be imposed at a rate of one percent (1%) per year, three-tenths percent (.3%) of which shall be for a five year period of time from May 4, 2021 to May 5, 2026; and seven-tenths percent (.7%) of which shall be for an additional five year period of time commencing May 4, 2021 to May 5, 2026.
(Ord. 2020-84. Passed 12-15-20.)
(C) (1) To provide funds for a five-year period of time for the purposes of paying salaries for Municipal employees and for making street improvements, there is hereby levied a tax on salaries, wages, commissions and other compensation, and on net profits as hereinafter provided, in the amount of three-tenths of one percent (.3%) per annum with eighty-five percent (85%) of such additional revenue to be applied to salaries for Municipal employees and fifteen percent (15%) for street improvements.
(2) To provide funds for a five-year period of time for the purpose of paying for street improvements, capital improvements and equipment, parks and recreation and the General Fund, there shall be and is hereby levied a tax on all salaries, wages, commissions and other compensation, and all net profits as hereinafter provided, in the amount of seven-tenths of one percent (.7%) per annum with five hundred thousand dollars ($500,000) of such additional revenue to be applied to street improvements; three hundred thousand dollars ($300,000) of such additional revenue to be applied to capital improvements and equipment; one hundred thousand dollars ($100,000) of such additional revenue to be applied to parks and recreation; and the balance of such additional revenue to be applied to the General Fund.
(D) The tax on income and the withholding tax established by this Chapter 191 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 (ORC 718). Ordinance 2015-101 does not repeal the existing sections of Chapter 191 for any taxable year prior to 2016, but rather amends Chapter 191 effective January 1, 2016 for tax years beginning on or after January 1, 2016. For municipal taxable years beginning before January 1, 2016, the City shall continue to administer, audit, and enforce the income tax of the City under ORC 718 and ordinances and resolutions of the City as that chapter and those ordinances and resolutions existed before January 1, 2016.
(Ord. 2019-19. Passed 3-5-19.)