198.012   PURPOSES OF TAX.
   (a)   To provide funds for general municipal operations, maintenance, new equipment, extension and enlargement of municipal services and facilities and capital improvements of the City and to provide funds for the payment of debt service on bonds, notes, loans, or other obligations issued or incurred by the City before January 1, 2004; to provide for the payment of debt service on bonds, notes, loans or other obligations issued or incurred by the City at any time in order to refund any of those bonds, notes, loans or other obligations; and, to provide funds for the hiring of additional personnel in the Police Department of the City, there shall be, and is hereby levied a tax in the aggregate amount set forth in Section 198.013 on salaries, wages, commissions and other compensation, and on net profits as hereinafter provided.
(Ord. 5606. Passed 11-16-15.)