(A) Pursuant to the authority granted in KRS 132.285, the city hereby adopts the annual Henry County assessment for all real and personal property situated within the city as the basis of all ad valorem tax levies ordered or approved by the City Council.
(B) The assessment as finally determined for county tax purposes shall serve as the basis for all city levies for the fiscal year commencing after the assessment date.
(A) All taxes, except ad valorem taxes on motor vehicles, shall become due on September 15 following the assessment.
(B) Any taxpayer who pays his city taxes before November 1 after they become due shall be entitled to a 2% discount thereon, and the Clerk/Treasurer shall allow the discount and give a receipt in full to the taxpayer.
(Am. Ord. 97-010, passed 9-24-97)
Cross-reference:
Ad valorem taxation rates, see also T.S.O. VIII
(A) All city taxes, except ad valorem taxes on motor vehicles, shall become delinquent on January 1 following their due dates. Any taxes unpaid by that date shall in addition to the penalty imposed in subsection (B) accrue interest at the rate of 1% per month from that due date until paid.
(Ord. 90-010, passed 11-12-90; Am. Ord. 97-010, passed 9-24-97)
(B) Any taxes not paid by January 1 when they become delinquent shall be subject to a penalty of 2% on the taxes due and unpaid. The delinquent taxpayer shall also pay all costs and expenses incidental to any action taken by the city for collection of the delinquent tax bill. Any taxes not paid by February 1 shall be subject to a penalty of 10% on the taxes due and unpaid. The delinquent taxpayer shall also pay all costs and expenses incidental to any action taken by the city for collection of the delinquent tax bill.
(Am. Ord. 97-010, passed 9-24-97)
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