(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 of the city, there shall be, and is hereby levied, a tax on salaries, wages, commissions and other compensation, and on net profits as hereinafter provided.
(B) To provide funds for capital improvement purposes for the city, there shall be, and is hereby levied a tax on salaries, wages, commissions, and other compensation, and on net profits as herein provided.
(C) The annual tax is levied at a rate of 1.5%. 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 §§ 39.86 through 39.88 and §§ 39.91 through 39.95 and other sections as they may apply.
(Ord. 46-15, passed 11-16-2015
; Am. Ord. 10-18, passed 2-20-2018)
Statutory reference:
Authority to tax income and withhold tax, see R.C. § 718.04