[Adopted 3-14-1977 by Ord. No. 524]
The rates of discounts and penalties hereinafter provided shall be applicable to the tax on assessed value of real estate under the Borough Code and the per capita tax.
For payment of the whole amount of the tax within two months after the date of the tax notice, the discount shall be 2% of the whole amount of the tax.
For failure to make payment of the whole amount of the tax within four months after the date of the tax notice, the penalty shall be 5% of the amount of the tax.