Article I Financial Administration
Article II Annual Tax Levy — Generally
[Ord. No. 1604 §1, 3-21-1995; Ord. No. 2879-13 §1, 9-24-2013]
The City of Smithville shall conduct competitive financial services bids each five (5) years commencing in 2013.
[Ord. No. 2582-07 §1, 10-16-2007]
The Board of Aldermen shall, within a reasonable time after the Assessor's books of each year are returned, ascertain the amount of money to be raised thereon for general and other purposes and fix the annual rate of levy therefore by ordinance.
[Ord. No. 2582-07 §2, 10-16-2007]
When the Board of Aldermen shall affix the rate of taxation for any given year, it shall be the duty of the City Clerk to cause to be prepared appropriate and accurate tax books and shall therein set out in suitable columns, opposite the names of each person the items of taxable property, as returned by the Assessor and Board of Equalization, the amount of taxes, whether general or special, due thereon and shall thereafter prepare and send out appropriate tax bills.
[Ord. No. 2582-07 §3, 10-16-2007]
On the first (1st) day of January of each year, all unpaid City taxes, whether real or personal, shall become delinquent and the taxes on real estate are hereby made a lien thereon; and all such delinquent taxes shall bear interest thereon at the rate of two percent (2%) per month from the time they become delinquent, not to exceed eighteen percent (18%) per year, until paid and shall be collected from the property owners in the same manner and under the same rules and regulations as are or may be provided by law for the collection and enforcement of the payment of State and County taxes including fees, penalties, commissions and other charges except that for taxes becoming due on December 31, 2007, the interest for late payment shall not begin to accrue until March 1, 2008 and shall bear interest thereafter at the rate of one point five percent (1.5%) per month not to exceed thirteen point five percent (13.5%) per year.