(A) The first 00.7% shall be levied, collected and paid with respect to the salaries, wages, commissions and other compensation received and shall be levied with respect to the net profits of businesses, professions or other activities earned, and accrued or received on and after January 1, 1973.
(B) The next 00.3% shall be levied, collected and paid with respect to the salaries, wages, commissions and other compensation received and shall be levied with respect to the net profits of businesses, professions or other activities earned, and accrued or received on and after October 1,1981.
(C) The next 00.25% shall be levied, collected and paid with respect to the salaries, wages, commissions and other compensation received and shall be levied with respect to the net profits of businesses, professions or other activities earned, and accrued or received on and after July 1, 2011 ending June 30, 2021.
(D) The next 00.25% shall be levied, collected and paid with respect to the salaries, wages, commissions and other compensation received and shall be levied with respect to the net profits of businesses, professions or other activities earned, and accrued or received on and after January 1, 2013 ending December 31, 2022.
(E) The total tax rate is 1.50% on and after July 1, 2011 and until June 30, 2021 when it reverts to 1.25% and then until December 31, 2022 when it reverts to 1.00% which is an ongoing rate thereafter.
(Ord. 4-13, passed 2-4-2013)