The Common Council shall designate the public depository or depositories
within this state within which City funds shall be deposited, and when the
money is deposited in such depository in the name of the city, the City Clerk-Treasurer
and bondsman shall not be liable for such losses as are defined by state law.
The Clerk-Treasurer shall invest, and the interest arising therefrom shall
be paid into the City treasury.
State Law Reference: W.S.A. ch. 34 and s. 62.12(7).
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The Clerk-Treasurer may invest any City funds not immediately needed,
pursuant to W.S.A. s. 66.04(2).
In lieu of the personal signatures of the Clerk-Treasurer and Mayor,
there may be affixed on order checks the facsimile signatures of such persons
adopted by them and approved by the Common Council, but the use of the facsimile
signature shall not relieve such official from any liability to which he is
otherwise subject, including the unauthorized use thereof.
[Added 7-28-1998 by Ord. No. 865;
amended 7-27-2004 by Ord. No. 04-126]
A. The provisions of W.S.A. s. 74.12 are adopted and incorporated
by reference into this chapter, and real estate and personal property taxes
are to be paid in full or in three installments, effective December 1, 2004.
B. Full payment. All special assessments and special charges
shall be paid in full and at least 50% of the real estate taxes shall be paid
on or before January 31.
C. Installment payments.
(1) Taxpayers have the option to pay their real estate taxes in three installments, equal to 50% due January 31, 25% due April 30 and 25% due July 31. If the payment is not made on or before its due date, the total unpaid balance shall become immediately due and payable and subject to interest and penalties according to W.S.A. ch.
74.
(2) If offered by the City, taxpayers may pay their real
estate taxes by credit or debit card. The City receives 100% of the tax payment
and the taxpayer is charged a service fee by the credit card company in addition
to the tax payment.
D. Minimum installment. If the total amount of all taxes,
special assessments and special charges is less than $100, the total amount
shall be paid in full on or before January 31.
E. Personal property taxes.
(1) All taxpayers have the option of paying personal property taxes on improvements on leased land in three installments, equal to 50% due January 31, 25% due April 30 and 25% due July 31. If the payment is not made on or before its due date, the total unpaid balance shall become immediately due and payable and subject to interest and penalties according to W.S.A. ch.
74.
(2) Notwithstanding any other provision to the contrary, all personal property taxes not subject to Subsection
E above shall be paid in full on or before January 31. If the payment is not made on or before its due date, the total unpaid balance shall become immediately due and payable and subject to interest and penalties according to W.S.A. ch.
74.
(3) If offered by the City, taxpayers may pay their real
estate taxes by credit or debit card. The City receives 100% of the tax payment
and the taxpayer is charged a service fee by the credit card company in addition
to the tax payment.
F. Interest and penalty.
(1) Any payment not made on or before its due date shall
have added thereto interest at the rate of 1% per month or fraction thereof
until paid in full. Delinquent payments shall accrue interest as of February
1. Interest shall apply to any general property taxes, special assessments,
special charges and special taxes that are delinquent
(2) Any payment not made on or before its due date shall
have added thereto penalties at the rate of 0.5% per month or fraction thereof
until paid in full. Delinquent payments shall accrue penalties as of February
1. Penalties shall apply to any general property taxes, special assessments,
special charges and special taxes that are delinquent.