The 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 (22.5%) of the taxpayer’s estimated liability for the current year and shall be required to have been remitted on or before the thirtieth day of April. Forty-five percent (45%) of the estimated tax liability for the current year shall be required to be remitted on or before the thirty-first day of July. Sixty-seven and one-half percent (67.5%) of the taxpayer’s estimated tax liability for the current year shall be required to have been remitted on or before the thirty-first day of October. Ninety percent (90%) of the taxpayer’s estimated tax liability for the previous year shall be required to have been remitted on or before the thirty-first day of January. An amount at least equal to one hundred percent (100%) of the taxpayer’s tax liability for the preceding year will be accepted.
(Ord. 2000-121. Passed 10-24-00.)