law requires the imposition of penalties and interest when an account
becomes delinquent as follows:
1% (one percent) of the outstanding levy is added monthly beginning
the first month of delinquency. Interest continues accumulating until the levy is paid.
6% (six percent) of the levy due is added for the first month of
delinquency. 1% (one percent) of the
levy due is added each month for months 2 through 5 of delinquency.
2% (two percent) of the levy due is
added beginning the 6th month of delinquency.
for collection costs: Up to 20% (twenty percent) of levy and penalties
and interest due is added on April 1st for personal property and
July 1st for real property of the year the tax becomes delinquent.