Taxes for local school purposes shall be due and payable on the first day of July of each year. Payments for such taxes may be made up to and including August 1st without penalties. There shall be a penalty imposed thereafter in the amount of one percent (1%) per month commencing the 2nd of August, until such time as the taxes are turned over to the County for collection. All other property taxes shall be due and payable on the first day of December of each year.
(Amended July 27, 1967)