The interest rate on delinquent personal property taxes, general
property taxes, special assessments, special charges and special taxes
included in the tax roll for collection is 1% per month or fraction
of a month.
Pursuant to § 74.47(2), Wis. Stats., there is hereby imposed a penalty of up to 0.5% per month or fraction of a month, in addition to the interest under §
40-2 above [§ 74.47(1), Wis. Stats.], on any delinquent personal property taxes, general property taxes, special assessments, special charges and special taxes included in the tax roll which are delinquent on the effective date of this article.
This article shall be effective January 1, 1990, and prior to
said date shall be published as provided by law.