(A) To provide funds for purposes of general municipal operations, maintenance, new equipment, extension and enlargement of municipal services and facilities and capital improvements of the village of West Liberty, there shall be levied a tax on salaries, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided.
(B) Subject to provisions of this Chapter, an annual tax for the purposes specified in this Chapter shall be, and is hereby, levied on and after January 1, 2016, at the rate of one percent (1.0%) per annum.
(Ord. 2015-17. Passed 12-14-15.)