§ 12-34. Business tax schedule.

(a)

The classifications as defined in Chapter 205, Florida Statutes and rates applicable for the business tax are as follows:

(1)

Annual business tax rate for all businesses located in Okaloosa County shall be $35.00 per year beginning July 1, 2013.

(2)

Beginning July 1, 2013; existing businesses with a business tax rate of $12.50 per year, or less, will be grandfathered in to receive a business tax rate of $25.00. These tax rates shall be increased by five percent every other year until the annual rate of $35.00 per year is reached.

(Ord. No. 72-04, § 3, 7-20-72; Ord. No. 80-28, § 1, 9-16-80; Ord. No. 87-54, § 1, 10-13-87; Ord. No. 07-12, § 1, 3-6-07; Ord. No. 12-17, § 1, 8-21-12; Ord. No. 13-16, § 1, 4-2-13)