(A) On all sums of property tax voluntarily paid before February 15 of the year succeeding the due date thereof, the City Treasurer shall add thereto a property tax administration fee of 1% of such sum paid. On all taxes paid after February 15 and before March 1 of said succeeding year, the City Treasurer shall add a late penalty charge of 3% of such sums paid in addition to the 1% property tax administration fee, which penalty may be waived pursuant to § 44(3) of the Public Act 88 of 1983.
(B) A 4% county property tax administration fee, in addition to the foregoing, and interest on the tax at the rate of 1% per month, shall be added to taxes collected by the City Treasurer after the last day of February and before settlement with the County Treasurer, which payment shall be treated as though collected by the County Treasurer.
(1979 Code, § 1.603) (Ord. 86, passed 8-16-1983)