(A) To provide funds for the purposes of general Municipal operations, maintenance of equipment, new equipment, extension, enlargement and improvement of Municipal services and facilities and capital improvements, there shall be and hereby is levied a tax on income, qualifying wages, commissions and other compensation and net profits as hereinafter provided in this chapter, and as subsequently amended or replaced. This Ordinance replaces all prior Ordinances concerning the same subject matter and any amendments thereto.
(B) To provide additional funds for the purpose of Capital Improvements, but not limited to, development, construction and maintenance of storm and sanitary sewers, there shall be and hereby is levied a tax on income, qualifying wages, commissions and on net profits as provided in Section 181.014. (Ord. 2018-01. Passed 2-19-18.)