There are levied and shall be collected annual license fees and utility taxes against the persons designated on account of the business activities, and in the amounts to be determined by the application of the respective rates against gross income as follows:

A. Telephone (Including Cellular Telephone) Business. Upon every person engaged in or carrying on any telephone (including cellular telephone) business within the city, a fee or tax equal to two percent of the total gross income, including revenues from intrastate long distance toll service, from such business in the city during the 1998 calendar year, four percent of such gross income during the 1999 calendar year, and six percent of such gross income during subsequent calendar years.

B. Electric Light and Power. Upon every person engaged in or carrying on the business of furnishing electric light and power within the city, a fee or tax equal to two percent of the total gross income from such business in the city during the 1998 calendar year, four percent of such gross income during the 1999 calendar year, and six percent of such gross income during subsequent calendar years. (Ord. 97-33 § 1, 1997)