HomeMy WebLinkAbout2016-01-8343474
ORDINANCE NO. 2016-1-8343
AN ORDINANCE AMENDING SECTION 106-2 AND 106-
213 OF THE CODE OF ORDINANCES OF THE CITY OF
PADUCAH,KENTUCKY
BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. That Section 106-2, "Due Date; Penalty and Interest for Unpaid
Tax," of Chapter 106, Taxation, of the Code of Ordinances of the City of Paducah, Kentucky, is
hereby amended to read as follows:
"Sec. 106-2. - Due date; penalty and interest for unpaid tax.
(a) The city taxes for each fiscal year shall be due and payable in two equal
parts, with the dates to be fixed by the Commission on an annual basis.
(b) Taxes not paid v4thin v ,,,o,,day- month „fto,. the bill date on or before
the payment deadline fixed by the Commission shall be subject to
the following penalty and interest at the rates set o#ffirin KRS 92.590(2),
all of which shall be added to the tax bill, and paid at the time that the
taxes are paid:
(1) The penalty shall be ten percent (10%) of the amount of the tax
owed under the unpaid tax bill; and
- (2) The interest shall be one-half percent (.5%) of the amount of the
tax owed under the unpaid tax bill, which interest shall accrue on a
monthly basis from and after the deadline date until such time that
the unpaid taxes, together with the accrued penalty and interest are
fully paid.
(c) Whenever a deadline for a tax payment falls on a Saturday or Sunday, the
taxpayer shall be given an extension until midnight of the followin
Monday to pay the tax. In the event the following Monday is a city
holiday, the taxpayer shall be given an additional extension to midnight_ of
the city's next business da�to pay the tax. The same extension shall apply
to any successive day which is also a city holiday.
(d) A taxpayer shall be deemed to have timely paid a tax bill if the taxpayer
shall have tendered the full payment of the tax owed under the tax bill to
the United States Post Office for mail delivery service, postage prepaid,
prior to midnight of the deadline date or the extended deadline date if
applicable. To evidence such tender, the taxpayer shall be required to
obtain proof of such timely tender, which proof may be by post mark or by
such other evidence which is acceptable to the Finance Director.
Provided, however, that in the event the actual tax payment received by
the city is less than the amount of the tax due under the tax bill the
1
475
taxpayer shall be subject to the penalty and interest set forth under this
Section.
(e� The sale of tax claims against delinquent taxpayers may be made by the
Finance Director in the manner provided by law.
SECTION 2. That Section 106-213, "Payment due dates," of Chapter 106,
Taxation, of the Code of Ordinances of the City of Paducah, Kentucky, is hereby amended to
read as follows:
Sec. 106-213. - Payment due dates.
(a) Property taxes levied herein shall be due and payable in the following
manner:
(1) The first half payment shall be due on November 1000 of
each calendar year, and shall be payable without penalty and
interest until November 30 000 of that ye .
(2) The second half payment shall be due on February 1, 2004- of
each calendar year, and shall be payable without penalty and
interest until February 28—,2004- of that year, or if applicable,
February 29 of that ye.
(3) Taxes not paid on or before the aforementioned deadlines shall
be subject to the penalty and interest imposed under Section
106-2."
SECTION 3. This ordinance shall be read on two separate days and will become
effective upon title and a certified summary thereof.
OR
ATTEST:
IMM / I/ M r
Introduced by the Board of Commissioners January 12, 2016
Adopted by the Board of Commissioners January 19, 2016
Recorded by Tammara S. Sanderson, City Clerk, January 19, 2016
Published by The Paducah Sun, January 21, 2016
\ord\finance\106-2 &106-213
Prepared by TK-KKHB