Page 338 - Fort Worth City Budget 2019
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to make the second payment before July 1, 2019, the second payment is delinquent and incurs a penalty of
             twelve percent (12%) of the amount of the unpaid tax.



                                                        SECTION 8.
                    That in addition to the penalty set out above,  a delinquent tax accrues interest  at a rate of one  percent

             (1%) for each month or portion of a month the tax remains unpaid. Said interest of one percent (1%)  per month
             shall be added to said taxes in the event the payment thereof shall become delinquent as above set forth, and
             said interest shall attach on the first day of each month thereafter until the taxes shall have been paid, which

             interest and the penalty  provided  for above shall be and become a part of said taxes and be payable as such.

                                                        SECTION 9.

                    That a  tax  that  becomes  delinquent  on or  after  February  1, 2019,  but not later than  May  1,  2019,
             and that remains delinquent  on July  1, 2019,  shall  incur  an  additional  penalty  of  twenty  percent (20%)  of

             the  amount    of the  delinquent  tax,    penalty  and   interest to defray  costs of collection.  Such twenty  percent
             (20%) penalty and   collection   procedures   are   imposed   pursuant to   Sections   6.30 and   33.07   of the  Texas
             Property Tax Code  and  are in  addition  to the  other  penalties and  interest  which are due  and owing  according to

             law.

                                                        SECTION 10.
                      That a tax that becomes delinquent on or after June  1, 2019, under Section 26.07(f), 26.15(e), 31.03,

              31.031, 31.032, 31.04, or  42.42 of  the  Texas  Tax Code shall incur an additional  penalty  of twenty percent
              (20%)  of  the  amount  of  taxes,  penalty,  and  interest due,  to defray costs of collection,  pursuant to Section
              33.08   of the  Texas  Property  Tax  Code.    Such  additional  penalty  is  in  addition  to  the  other  penalties  and

              interest which are due and owing according to  law.


                                                        SECTION 11.

                    That a  tax  imposed on tangible personal  property  that  becomes delinquent  on  or after February  1,
             2019,  shall incur  an  additional  penalty  of  twenty percent  (20%), to defray costs of collection, pursuant to

             Texas Property Tax Code Section 33.11,   on the later of the   date the tax becomes subject to the outside
             attorney collection contract of Section 6.30 of the Texas Tax Code or 60 days after the date the taxes become

             delinquent. Such additional penalty is in addition to the other penalties and interest which are due and owing
             according to law.



               Ordinance No. 23393-09-2018






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