HomeMy WebLinkAbout4086 ORDINANCE No. ~_~
AN C~DINANCE relating to Utility Occupation Tax
on Water and Wastewater Utilities and amending
Ordinance #3988.
~ CITY OF~DOES C~DAIN:
SECrICN 1. Ordinance No. 3988, Section 2, codified as tRV[2
3.92.020 is hereby amended as follows:
AMDUNTOF~- From and after January 1, 1986, there is levied
upon and there shall be collected from, every person, firm or corporation,
including the City, engaged in the business of providing water or wastewater
utility service, within or partly within the corporate limits of the City, a
tax for doing business which shall be assessed as follows: (1) Upon water
utilities located within the City and partially within the City, there shall
be levied a tax equal to 10.0% of the total gross revenues, during the tax
year. Such tax rate shall be the applicable rate for the tax year of 1986
only and shall be decreased by 1.0% (one percent) each succeeding year until
the tax rate equals 6%. The tax rate shall remain at 6% from that point for-
ward. The gross revenues of water utilities shall include revenue raised
from the sale of water and timber. (2) Upon wastewater utilities, there
shall be levied a tax equal to 6% of the total gross income from user charges
which are set forth in chapter 15.04 of the BremertonlV[unicipal Code.
APPIIOVEDBY the City Council on the first reading on the \~
day of ~.)~¢~,~ , 1986.
PASSED BY the City Council of the City of Bremerton, signed by the
Mayor and attested to by the City Clerk in authentication of such passage on
the ~ day of ~e~\,~4_ , 1986.
GENE LCBE, Mayor
City of Bremerton
ATIEST:
~'~I,~,,~]N L. MCCLUSKEY, Ci t~ Clerk
Director of Administrative Services