Loading...
HomeMy WebLinkAboutResolutions - No. 1147In the City Council City of Lodi Lodi, California RESOLUTIOM NO. 1147 WHEREAS the Victory Tax imposed by the Revenue Act of 1942, approved by the President October 21, 19212 requires that this City withhold 5% of the earned income of each employee in excess of $624.00 per year, such withholding to be on salaries and/or wages at the end of each pay period; and W+EE1EAS employees of this City are paid monthly and the computation of monthly 5%deductions would entail additional lar or, and, as the said Revenue Act of 19212 allows an alternative means of computing said deductions as iF set forth in the table next hereinafter set forth: Therefore be it RESOLVID, That the City Clerk be, and he is hereby authorize: and directed to make the deductions required by said act in the amounts aet out below: IF THE WAGES BUT NOT ARE OVER OVER $ 52.00 $ 60.00 60.00 80.00 0.00 100.00 100.00 120.00 120.00 140.00 140.00 160.00 160.00 200.00 200.00 2110.00 220.00 280.00 2B0.00 320.00 320.00 360.00 360.00 400.00 THE AMOUNT TO BE 441T1iBELD SHALL BE $ 0.20 0.90 1.50 2.90 3.4.90 0 6.40 8.21.0 10.110 12.110 11 .1� 0 16.0 The said City Clerk as principal fiscal officer of this City i s hereby directed to make up and render the reports called for by said Revenue Act and shall be responsible on his bond for the proper collection and accounting of the moneys appertaining thereto. 0 Certified to be a full, true and correct copy of Resolution No. 11117 of the City Council of the City of Lodi as passed and adopted in a regular meeting of Raid Council held on Wednesday, December 2, 1912 by the following vote: AYES: Councilmen, Higgs, Ooffield, Weihe and Minn NOES: Councilmen, None AbSEf1T; Councilmen, None (Signed) J. F. BLAKELY City Clerk