(A) There is now levied for the property tax year 2022, and all subsequent years, an ad valorem tax of 12.0 cents per $100 assessed valuation on all taxable real property within the jurisdiction, and an ad valorem tax of 12.0 cents per $100 assessed valuation on all taxable tangible personal property and merchandise inventory within the jurisdiction.
(B) The due date for the payment of the ad valorem taxes shall be November 30, 2018 and November 30 of all subsequent years.
(C) All taxpayers whose taxes are not paid by November 30 of the tax year shall incur a penalty equaling 10% of the tax bill.
(D) In addition to the penalty set forth in division (C) above, interest shall begin accruing on the unpaid taxes beginning on January 1, 2019, and January 1 for each succeeding year's tax bill, at the rate of 6% per annum.
(E) The Finance Director shall have the authority to set additional penalties if warranted for collection. If the Finance Director or Board of City Commissioners determines that more formal collection procedures are required in order to collect the taxes, the city shall be reimbursed by the taxpayer for all fees and costs associated with collection including, but not limited to court costs and reasonable attorney's fees.
(Ord. 220.17-10-2011, passed 10-10-2011; Ord. 220.17-09-2013, passed 9-23-2013; Ord. 220.17-09-2014, passed 10-10-2014; Ord. 2015-014, passed 8-27-2015; Ord. 2016-011, passed 9-12-2016; Ord. 2017-014, passed 9-27-2017; Ord. 2018-04, passed 9-10-2018; Ord. 2019-019, passed 8-29-2019; Ord. 2020-012, passed 9-14-2020; Ord. 2021-020, passed 9-13-2021; Ord. 2022-020, passed 8-22-2022)