§ 5.04.120. Date due—Penalty for late payment.

A.

Any occupation tax, and fees associated therewith, shall be payable January 1st of each calendar year and shall be delinquent if not paid by January 15th of said year and be subject to penalties for delinquency. In the event that any person commences business or initially engages in a regulated activity in the city after January 1st in a given year, the tax and other fees associated with the enforcement of this chapter shall be due and payable on the date of the commencement of the business or regulated activity.

B.

Any individual, business or practitioner subject to any occupation tax or regulatory fee imposed by this chapter which is unpaid for ninety (90) days after the date on which payment was due shall be subject to a penalty of ten (10) percent of the tax or fee due. Interest shall be assessed on delinquent occupation taxes, regulatory fees, and administrative fees at a rate of one and one-half percent per month.

(Ord. of 7-13-15; Ord. dated 1-9-95 § 1 (part): prior code § 11-12)