[Adopted 12-2-1976 by Ord. No. 3-1976; amended in its entirety at time of adoption of Code (see Ch. 1, General Provisions, Art. I)]
From and after January 1, 1977, all taxpayers subject to ad valorem and per capita taxes shall be entitled to a discount of 2% of the amount of such tax upon making payment of the whole amount of the tax within two months after the date of the tax notice. All taxpayers who shall fail to pay the full amount of such tax imposed against them within four months after the date of such tax notice shall be charged a penalty of 10%, which penalty shall be added to the taxes by the Collector and shall be collected by him or her.