|
ORDINANCE NO. 19-80
<br />
<br />BY: Brown, Chinnock,Gallagher,
<br /> Graham, McBride, Salmon,
<br /> Wendling
<br />
<br /> AN EMERGENCY ORDINANCE to amend Sections 128,0501, 128.1302, 128.0502
<br />and 128.1902 of Chapter 128 of the Administrative Code of the Codified Ordinances
<br />of the City of Lakewood to increase the rate of municipal income tax from 1% to
<br />1.5% per annum for the purpose of'providing funds for general municipal services ·
<br />
<br /> WHEREAS, the financial situation of the City of Lakewood warrants the
<br />enactment by the voters of additional munlcipa! income tax so that the City may
<br />be able to meet its increasing operations and continue to provide proper services
<br />to citizens, and
<br />
<br /> WHEREAS, this ordinance constitutes an emergency measure providing for
<br />the usual daily operation of a municipal department and for the further reason
<br />for the immediate preservation of the public peace, property, health, safety and
<br />welfare of the City and for the further reason that the immediate effectiveness
<br />of this ordinance is necessary to provide funds in or~er to adequately carry out
<br />necessary municipal functions, to meet increasing operating costs, to prevent the
<br />City from incurring a deficit, to prevent the credit rating of the City from
<br />being impaired and to permit the City to meet other financial obligations; now,
<br />therefore,
<br />
<br />BE IT ORDAINED BY THE COUNCIL OF THE CITY OF LAKEWOOD, STATE OF OHI0:
<br />
<br /> Section 1. That subject to the approval of the electors of the City
<br />of Lakewood as provided in Section 718.01 of the Ohio Revised Code, Section 128.0501
<br />of Chapter 128 of the Administrative Code of the Codified Ordinances now reading
<br />as follows:
<br />
<br />128.0501 RATE AND INCOME TAXABLE
<br />
<br /> An annual tax for the purposes specified in Section 128.0101 shall be
<br />imposed on and after January 1, 1972, at the rate.of one percent per annum upon
<br />the following:
<br />
<br /> (a) On all salaries, wages, commissions and other compensation earned
<br />on and after January 1, 1972, by residents of the City.
<br />
<br /> (b) On all salaries, wages, commissions and other compensation earned
<br />on and after January 1, 1972, by nonresidents of the City for work done or services
<br />performed or rendered within the City.
<br />
<br /> (c) (1) On the portion attributable to the City on the net profits
<br />earned on and after January 1, 1972, of all resident unincorporated business
<br />entities or professions or other _activities, derived from sales made, work done,
<br />services performed or rendered and business or other activities conducted in the
<br />City.
<br />
<br /> (2) On the portion of the distributive share of the net profits
<br />earned on and after January 1, 1972, of a resident partner or owner of a
<br />resident unincorporated business entity not attributable to the City and
<br />not levied against such unincorporated business entity by the City.
<br />
<br /> (d) (I) On the portion attributable to the City of the net profits
<br />earned on or after January 1, 1972, of all nonresident unincorporated
<br />business entities, professions or other acti~itles, derived from sales
<br />made, work done, services performed or rendered and business and other
<br />activities conducted in the City, whether or not such unincorporated
<br />business entity has an office or place of business in the City.
<br />
<br /> (2) On the portion of the distributive share of the net profits
<br />earned on or after January 1, 1972, of a resident partner or owner of a
<br />nonresident unincorporated business entity not attributable to the City and
<br />not levied against such uninc~orporated entity by the City.
<br />
<br />
<br />
|