No penalty shall be charged for city taxes paid on or before the 10th day of August. The council shall provide, by ordinance, the tax payment schedule for taxes paid after August 10th, and the amount of penalty. Collection fee, or interest charges, if any, to be paid thereafter in an amount not to exceed the limit allowed by statute. Such charges shall belong to the city and constitute a charge and shall be a lien against the property to which the taxes apply, collectible in the same manner as the taxes to which they are added.
Cross-reference:
Property tax schedule, see §§ 32.35 et seq.