(A) There shall be and is levied and assessed, an ad valorem tax in the amount of $1.42 per $1,000 for General Fund assessed valuation of all property, real or personal, assessed by the Property Valuation Administrator, reviewed and corrected, altered and returned by the Property Valuation Administrator of the city, also in corporate franchises assessed and returned to said city by the Department of Revenue of the commonwealth and certified by the State Auditor and State Tax Commissioner, together with any and all other property of any kind or description wherever situated which may be or is subject to taxation for municipal purposes in accordance with the authorities aforesaid.
(B) All ad valorem taxes assessed by the city shall be due on or before October 31 of the year they have been assessed and delinquent on November 1. All delinquencies shall be subject to interest at the rate of 12% per annum and penalties at the rate of 10% on said taxable amount and calculated from November 1 of said tax year until paid in full.
(1992 Code, § 35.05) (Ord. 8-91, passed 5-9-1991; Ord. 15-93, passed 6-24-1993; Ord. 34-94, passed 11-17-1994; Ord. 23-95, passed 6-24-1995; Ord. 13-96, passed 10-1-1996; Ord. 14-97, passed 9-2-1997; Ord. 12-98, passed 9-1-1998; Ord. 04-99, passed 10-5-1999; Ord. 07-2000, passed 9-19-2000; Ord. 09-2001, passed 10-2-2001; Ord. 09-2002, passed 11-19-2002; Ord. 22-2003, passed 10-21-2003; Ord. 10-2004, passed 9-21-2004; Ord. 11-2005, passed 9-20-2005; Ord. 09-2006, passed 9-19-2006; Ord. 9- 2007, passed 9-18-2007; Ord. 12-2008, passed 9-16-2008; Ord. 15-2009, passed 9-15-2009; Ord. 08-2010, passed 9-21-2010; Ord. 11-2011, passed 9-6-2011; Ord. 12-2012, passed 9-4-2012; Ord. 2013-14, passed 9-24-2013; Ord. 09-2014, passed 9-16-2014; Ord. 05-2015, passed 9-15-2015; Ord. 08-2016, passed 9-20-2016; Ord. 04-2017, passed 9-19-2017; Ord. 07-2018, passed 9-18-2018; Ord. 11-2019, passed 9-27- 2019; Ord. 09-2020, passed 9-15-2020; Ord. 06-2021, passed 9-16-2021; Ord. 08-2022, passed 9-20-2022; Ord. 10-2023, passed 9-19-2023)