Page 341 - Fort Worth City Budget 2019

existence of a tax lien, or any procedure instituted to collect such taxes, penalty or interest.

SECTION 6.

That if a person pays one-half of the taxes required to be paid by virtue of this Ordinance before

December 1, 2018, he or she may pay the remaining one-half of such taxes without penalty or interest at
any time before July 1, 2019.

SECTION 7.

(a) That a delinquent tax incurs a penalty of six percent (6%) of the amount of the tax for the
first calendar month it is delinquent plus one percent (1%) for each additional month or portion of a month

the tax remains unpaid prior to July 1, 2019. However, a tax delinquent on July 1, 2019, incurs a total

penalty of twelve percent (12%) of the amount of the delinquent tax without regard to the number of months
the tax has been delinquent.

(b) That if a person who exercises the split payment option provided by Section 6 above fails

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

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