§ 40-22. Interest penalty; rate; collection.


Latest version.
  • Upon failure to pay the tax levied pursuant to this article, commencing after the date upon which the tax is due and until paid, there shall be assessed interest at the rate of one percent per month, or any part thereof, on the amount of the tax due, which interest shall be collected by the village together with and in the same manner as the tax.

(Code 2004, § 20.4)