[Adopted 4-16-1975 as Ch. 1, Art. I, of the 1975 Code]
As soon as possible after the property tax levy
is made by the Council in each year, the City Treasurer shall make
out and deliver to each taxpayer or his or her agent at his or her
last known address a bill or account of the taxes due from him or
her. This bill or account shall contain a statement of the amount
of real property with which the taxpayer is assessed, the amount of
taxes due and the date on which the taxes will bear interest. Failure
to give or receive any notice required by this section shall not relieve
any taxpayer of the responsibility to pay on the dates established
by this chapter all taxes levied on his or her property.
[Amended 9-18-1985; 5-18-1988]
A.
All property taxes levied at the beginning of the
fiscal year shall be due and payable on the first day of July in said
fiscal year and shall become overdue and in arrears on the first day
of the following October. Any taxes in arrears shall bear interest
at the rate of one percent (1%) per month for each month or fraction
of a month that they remain unpaid, and any taxes in arrears shall
also bear a penalty of two-thirds of one percent (2/3 of 1%) per month
for each month or fraction of a month that they remain unpaid.
B.
Taxes for improvements added to the assessment list
after the beginning of the fiscal year shall be billed to the taxpayer
immediately upon receipt of the assessment certification from the
State Assessor's office and shall be due and payable by the taxpayer
upon receipt of the statement therefor. Such improvement taxes shall
become overdue and in arrears on the first day of the second month
following the date the tax statement is rendered to the taxpayer,
and such taxes in arrears shall bear interest at the rate of one percent
(1%) per month for each month that they remain unpaid.
