Borough of Sayre, PA Article III Tax Discount and Penalty

[Adopted 3-14-1977 by Ord. No. 524]

§ 149-21 Applicability.

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.

§ 149-22 Discount rate.

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.

§ 149-23 Penalty rate.

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.