(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)