In addition to the penalty for failure to pay the taxes on time, there shall be due and owing by such taxpayer to the County an additional sum as interest at the rate of ten percent per year. Such sum shall be computed on a monthly basis beginning the first day following the day such payment is due, until the day of actual payment of such sum, and shall be computed at the annual rate of ten percent on the total sum of such taxes owed, including any penalty applicable thereto, for each calendar month.
(Ord. 97-11. Passed 11-5-97; Ord. 04-07. Passed 4-20-04; Ord. 04-10. Passed 6-8-04; Ord. 18-13. Passed 7-11-18.)