If the taxpayer shall make any error in computing the tax assessable against him or her, the City Treasurer shall correct such error or reassess the property amount of taxes, and notify the taxpayer of his or her action by mailing to him or her promptly a copy of the corrected assessment, and any additional tax for which such taxpayer may be liable shall be paid within 15 days after the receipt of such statement. If the amount already paid exceeds that which should have been paid on the basis of the tax so computed, the excess so paid shall be immediately refunded to the taxpayer upon the requisition of the City Treasurer and shall be payable out of any funds available for this purpose. The taxpayer may, at his or her election, apply an overpayment credit to taxes subsequently accruing hereunder.
(Prior Code, § 745.16) (Ord. passed 10-21-1980)