Occupational Tax
The City’s Occupational Tax Ordinance was first adopted by Council in 1992 using the Standard Classification Code (SIC) as its basis for the calculations of taxes.
Following a public hearing at it June 9th Council meeting, Council approved an amendment to its ordinance to allow the city to calculate its taxes using The North American Industry Classification System (NAICS) and also approved implementing a “cap” of $12,500. NAICS is a new economic classification system that replaces the 1987 SIC system for statistical purposes. Like the SIC, NAICS is a system for classifying establishments by type of economic activity thereby providing for broader classifications and reduces the codes by one-half.
The Council also approved to increase to the Administrative fees to $50.00. The justification for this request is to help offset the costs associated with multi-departmental processing and meeting the state and local requirements.
A copy of the adopted Ordinance is on file in the office of the City Clerk.
