[Adopted 12-28-1983 by Ord. No. 850]
The period for payment of Borough of Edgewood real estate taxes at discount shall be and the same is hereby fixed from the first day of April to May 31 of each fiscal year.
The rate of discount to all taxpayers subject to the payment of Borough of Edgewood real estate taxes upon making payment of the whole amount thereof within the discount period shall be and the same is hereby fixed at 2%.
The discount period and discount rate fixed herein shall remain in force from year to year until again changed by ordinance of the Council of the Borough of Edgewood.
The period of payment of Borough of Edgewood real estate taxes at face shall be and same is hereby fixed from the first day of June to July 31 of each fiscal year.
All such taxes not paid on or before July 31 of each fiscal year shall be considered delinquent and shall be subject to a penalty of 10%.