(A) Tax levy for calendar year 2008:
(1) Real estate. An ad valorem tax rate of .166 cents on each one hundred dollars ($100.00) of assessed value of real property subject to taxation under the laws of the Commonwealth of Kentucky is hereby levied.
(2) Personal property. An ad valorem tax rate of .166 cents on each one hundred dollars ($100.00) of assessed value of personal property subject to taxation under the laws of the Commonwealth of Kentucky is hereby levied.
(3) Motor vehicles and motorboats. An ad valorem tax rate of .167 cents on each one hundred dollars ($100.00) of assessed value on motor vehicles and motorboats subject to taxation under the laws of the Commonwealth of Kentucky is hereby levied.
(4) Bank shares. A tax levy of $.00025 per $100.00 of taxable value.
(B) Due date, payment and discount:
(1) Real and personal property. All said taxes shall be due and payable at the city offices as set forth on the tax bill. Taxes paid prior to the due date shall received a two percent (2%) discount.
(2) Motor vehicles and motorboats. All ad valorem taxes on motor vehicles and motorboats shall be collected by the Rockcastle County Clerk in accordance with the provisions of KRS 134.800 and other applicable statues.
(C) Delinquent taxes:
(1) Real and personal property. Taxes paid up to thirty (30) days after the due date shall be at face amount. Taxes paid more than thirty (30) days after the due date shall be charged a ten percent (10%) penalty.
(2) Motor vehicles and motorboats. Ad valorem taxes on motor vehicles and motorboats shall become due and delinquent as set forth in KRS 134.810 and such taxes not paid when they become due shall be subject to the penalty and interest as specified in therein.
(Ord. 5-95, passed 10-3-95; Ord. 6-96, passed 10-7-96; Am. Ord. 8-97, passed 11-4-97; Am. Ord. 9-97, passed 11-4-97; Am. Ord. 4-98; passed 10-7-98; Am. Ord. 5-98, passed 10-7-98; Am. Ord. 8-99, passed 9-17-99; Am. Ord. 7-2000, passed 9-18-00; Am. Ord. 8-2000, passed 9-18-00; Am. Ord. 5-2001, passed 9-17-01; Am. Ord. 6-2001, passed 9-17-01; Am. Ord. 7-2002, passed 9-16-02; Am. Ord. 8-2002, passed 9-16-02; Am. Ord. 8-2003, passed 9-15-03; Am. Ord. 7-2003, passed 10-6-03; Am. Ord. 2004-3, passed 10-4-04; Am. Ord. 2004-6, passed 10-11-04; Am. Ord. 2005-5, passed 10-3-05; Am. Ord. 2005-6, passed 10-3-05; Am. Ord. 2006-3, passed 9-18-06; Am. Ord. 2006-4, passed 9-18-06; Am. Ord. 2007-2, passed 9-17-07; Am. Ord. 2007-3, passed 9-17-07; Am. Ord. 2008-5, passed 10-2-08; Am. Ord. 2008-6, passed 10-2-08; Am. Ord. 2009-5, passed 10-19-09; Am. Ord. 2009-6, passed 10-20-09; Am. Ord. 2010-2, passed 10-18-10; Am. Ord. 2010-3, passed 10-18-10; Am. Ord. 2011-3, passed 10-17-11; Am. Ord. 2011-4, passed 10-17-11; Am. Ord. 2012-4, passed 9-17-12; Am. Ord. 2012-5, passed 9-17-12; Am. Ord. 2013-2, passed 10-21-13; Am. Ord. 2013-3, passed 10-21-13)