Such declaration of estimated tax to be paid to the City shall be accompanied by a payment of at least twenty-two and one-half percent of the taxpayer's estimated liability for the current year and at least a similar amount shall be paid on the last day of the seventh, tenth and thirteenth month after the beginning of the taxable year. Total payments in an amount equal to one hundred percent of the taxpayer's tax liability for the preceding year will be accepted provided that the prior return reflected a 12 month period.
(Ord. 4708-1974. Passed 12-3-74; Ord. 8946-2002. Passed 11-6-02.)