(A) An ad valorem tax of $0.091 per $100 valuation is hereby levied upon all taxable real property within the city for the current calendar year, and each succeeding year thereafter until ordained otherwise.
(B) All taxable real property within the city shall be assessed the same as the current year’s annual county assessment as compiled by the County Property Valuation Administrator (PVA), which assessments by the PVA are hereby adopted by the city for the current year.
(C) The revenue from this levy shall be allocated to the General Fund of the city and used for purposes of support of the government of the city.
(D) The tax levied by this section shall be billed by the City Treasurer, or such other person as the City Treasurer may duly designate, to each taxpayer and shall be due and payable on or before November 30, 2023.
(E) A penalty of 20% shall be added for each delinquent year this tax is past due and, in addition, 1% interest to be added and compounded monthly until the total tax due, with interest and penalty, has been paid.
(Ord. 2003-007, passed 9-4-2003; Am. Ord. 2004-004, passed 9-7-2004; Am. Ord. 2005-008, passed 10- 11-2005; Am. Ord. 2006-008, passed 9-20-2006; Am. Ord. 2007-008, passed 9-20-2007; Am. Ord. 2008- 014, passed 8-27-2008; Am. Ord. 2009-012, passed 9-4-2009; Am. Ord. 2010-008, passed 9-9-2010; Am. Ord. 2011-005, passed 1-1-2011; Am. Ord. 2012-011, passed 9-14-2012; Am. Ord. 2013-011, passed 8- 21-2013; Am. Ord. 2014-012, passed 8-20-2014; Am. Ord. 2015-004, passed 8-20-2015; Am. Ord. 2016-009, passed 8-18-2016; Am. Ord. 2017-006, passed 8-15-2017; Am. Ord. 2018-006, passed 9-4-2018; Am. Ord. 2019-003, passed 9-3-2019; Am. Ord. 2020-011, passed 9-22-2020; Am. Ord. 2021-004, passed 9-7-2021; Am. Ord. 2022-005, passed 8-17-2022; Am. Ord. 2023=006, passed 8-15-2023)