(a) Where the taxes referred to in Section 860.01 have not been paid by the close of business on the date the taxes are due, or the first business day thereafter if the due date is not a business day, there shall be due and owing by such taxpayer to the County a penalty in the amount of ten percent of the tax past due on such property, or ten dollars ($10.00), whichever shall be greater, but not to exceed the amount of the tax. Any such penalty when so assessed shall become a part of the tax.
(b) In addition to the penalty in paragraph (a) above, where a personal property tax referred to in Section 860.01, remains unpaid, in whole or in part, 60 days after the payment due date, the taxpayer shall incur an additional penalty in the amount of 15% of the due and unpaid portion of the base tax, provided, however, that the penalty shall not exceed the amount of the tax. Any such penalty when so assessed shall become a part of the tax.
(Ord. 97-11. Passed 11-5-97; Ord. 09-16. Passed 9-8-09; Ord. 18-13. Passed 7-11-18.)