(A) For failure to pay a license tax within 31 days of the due date, the license tax shall become delinquent. The License Collector shall add a penalty of 10% of the license tax or $10, whichever is greater, for late payment of the license tax. An additional 10% or $10, whichever is greater, shall be added on the first day of each month thereafter until the license tax fees and all penalties are paid in full.
(B) Penalty charges shall not exceed 50% of the license tax due. This provision does not limit other penalties imposed by this chapter.
('81 Code, § 5.04.130) (Ord. 794, passed - -83; Ord. 871, passed - -86)