§ 5.12.080. Taxes—Payments due and delinquent when—Delinquency penalties.

A.

Taxes are payable when billed. Payment in full is due on or before October 15th and becomes delinquent thereafter. At the option of the taxpayer, taxes may be paid in two equal installments. If the taxpayer elects this option, the first one-half of the taxes payable must be paid on or before September 15th. The second one-half taxes then become due on or before November 15th and become delinquent thereafter. If the first one-half of the taxes payable is not paid by September 15th, payment of the taxes in full becomes due on or before October 15th.

B.

If the taxes are not paid when due penalty and interest accrue as follows:

1.

A penalty of 5 percent of the taxes due shall be added to all delinquent taxes on the day they become delinquent and an additional penalty of 5 percent of the taxes due shall be added to any tax more than 30 days delinquent.

2.

Interest at a rate of 10 percent a year shall accrue upon all delinquent unpaid taxes, not including penalties, from due date until paid in full.

C.

If September 15th, October 15th, or November 15th falls on Saturday, Sunday, or a legal holiday, the taxes normally due on such date shall be due on the next business day and shall be delinquent thereafter.

D.

A payment of taxes made by mail shall not be considered delinquent if the postmark on the envelope indicates the date of mailing to be on or before the first business day following the date on which the taxes become due pursuant to other provisions of this section.

E.

A payment of taxes received by the borough on the first business day after the normal due date shall not be considered delinquent.

F.

On supplemental billings where there is only one installment, late payment penalty of 5 percent of the taxes due shall be added to all delinquent taxes on the day they become delinquent and an additional penalty of 5 percent of the taxes due shall be added to any tax more than 30 days delinquent. Interest shall be calculated at 10 percent per year from the date that the taxes would have ordinarily come due.

(Ord. No. 2016-28 , § 6, 8-23-16; Ord. No. 2000-55, § 1, 11-21-00; Ord. No. 94-43, § 1, 1994; Ord. No. 94-01, § 1, 1994; Ord. No. 88-34, § 4(part), 1988; Ord. No. 80-63, § 1, 1981; Ord. No. 73-61, § 1, 1973; Ord. No. 73-60, § 1, 1973; Ord. No. 29, § 1, 1967; KPC § 25.05.040)