§ 20-3. Penalty on delinquent ad valorem taxes.

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Ad valorem taxes that remain delinquent on July 1 of the year in which they become delinquent shall incur an additional penalty to defray costs of collection, said penalty to be in the amount of 15 percent of the amount of taxes, penalty and interest due the town of which the fee shall be an authorized collection expense. Said 15 percent additional penalty shall be incurred for each tax year in which the town contracts with an attorney for the collection of delinquent taxes pursuant to V.T.C.A., Tax Code § 6.30 and in each year that such contract remains in effect.

(Ord. No. 1982-03, § 1, 4-14-1982)

                    
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