Appendix A. RATE SCHEDULE

RATE CLASS	INCOME: $0.00—$2,000.00 MINIMUM TAX	INCOME OVER $2,000 Rate per Thousand or fraction thereof
1	$45.00	$1.60
2	$50.00	$1.75
3	$55.00	$2.10
4	$65.00	$2.10
5	$70.00	$2.35
6	$75.00	$2.60
7	$80.00	$3.10
8.1	$50.00	$2.10
8.1A	$100.00	$4.20
8.2	$15.00 set by State Statute
8.3	MASC Telecommunications
8.4	MASC Telecommunications
8.4A	$110.00	$2.00
8.4B	$110.00	$2.00
8.5	$ 51.00	$1.00
8.6	$100.00	$2.00
8.6A	$50.00	$1.00
8.7	MASC Insurance
8.8A	$12.50 + $12.50 per machine
8.8B	$215.00	$3.50
8.8C	$12.50 + $180.00 per machine
8.9	$50.00	$2.00
8.10	$5.00 per table
8.11	$20.00 annual flat rate

 

NON-RESIDENT RATES

Unless otherwise specifically provided, all minimum taxes and rates shall be doubled for nonresidents and itinerants having no fixed principal place of business within the municipality.

DECLINING RATES

Declining rates apply in all classes for gross income in excess of $1,000,000, unless otherwise specifically provided for in this article.

Gross Income in $ Millions	Percent of Class Rate for Each Additional $1,000.00
0—1	100%
1—2	90%
2—3	80%
3—4	70%
OVER 4	60%

 

(Ord. No. 2018-15, 7-12-18)