1982-33 Updating Title 3 of the Borough Code in Regard to Assessing and Collection of Taxesi i
1 1 laws of the Borough that are explicit, definitive and easy to understand.
NOW, THEREFORE, BE IT ORDAINED, by the Kodiak Island
Borough Assembly, that Title 3 of the Kodiak Island Borough Code be updated as
follows:
Sections:
I I 3.20.40 Method of Assessment.
3.20.88 Tax due dates and delinquency.
3.20.89 Exceptions.
3.20.90 It payments -- Penalty and interest.
1 II 3.20.040 Method of assessment. A. All taxable property must be
1 1 assessed at its just and fair value as of the first day of the month of January
of the assessment year. All assessments shall be equal and uniform and based
upon the actual value of the property assessed. 'Taxes- lev4e4- 4R- apy -s4vem -year!
may be pa 4 R - twe- usual- 4RstallmeRts, -- The- first- hal € -e€- the - taxes - thus -40ed !
shall - he - due - em- the- f4fteentk- day - a €- Ausus* -4m -the- year- 4R- wh4eh- the -taxes -are
lev - apd - are del 4 €- Ret- pa4d -by- the- s4xheeRth- day -ef- September- a € -that
year* -- The- seeend- hal € -e €- the - saxes- thus- lev4ed- shall -he- doe- eR -Ehe -€ teeRth
day- ef- 8eseber -4 44- year- 4R- wh4eh- T=he - saxes- are -lev4ed -and- are- del4Rsuent -4#
Res pa - by- she- f4rss- day -ef- November -ef -shat- year* - -4 €- she- aRnmal.- levy -4s -made
em -er- after - she- €4rss- day -ef- dupe? - she- bereush- assembly - may- by- reselus4eR
essah440- a4aser- 40.4psuemey -date, The assessor shall complete the listing of
the annual assessment roll of all real and personal property within the
corporate limits of the borough before the first day of April of that
assessment year. The listing of all taxable property may be made upon
permanent separate ledger cards, which will be the combined assessment roll and
tax ledger. Real property shall be assessed to the owner of record as shown on
the records of the Kodiak district recorder; provided, however, that any other
person having an interest in the property may be listed on the assessment
records with the owner. The person in whose name any property is listed as
owner thereof, shall be conclusively presumed to be the legal owner of record
for tax purposes. If the owner of the land is unknown, such land may be
assessed to the unknown owner or unknown owners. No assessment shall be
invalidated by a mistake, omission or error in the matter of the owner of real
property assessed, if the property is correctly described and it shall be the f
responsibility of the owners of the property to keep the assessor properly
informed as to their current address and no assessment shall be invalidated if
it is shown that a notice that taxes are due and payable has been sent to the
-last known address of the owner of record. The assessor may list real property
KODIAK ISLAND BOROUGH
ORDINANCE NO. 82 -33 -0
AN ORDINANCE OF THE KODIAK ISLAND BOROUGH ASSEMBLY UPDATING TITLE 3
OF THE BOROUGH CODE IN REGARD TO ASSESSING AND COLLECTION OF TAXES.
WHEREAS, taxes due and delinquency information is buried under
"method of assessment" in the existing code, and
WHEREAS, it is the desire of the Assembly and staff to promulgate
Chapter 3.20
REAL PROPERTY TAXES
1 1 !
3.20.88 Tax due dates and delin.uenc . Taxes levied in an •iven
year may be pal . i n two equa insta ments. a first a o t e taxes t us
levied shalT be due on the fifteenth da of Au.ust in the ear in which the
taxes are evie an are •e inquent i not pai. .y t e sixteent .ay o
September of that ear. The second half of the taxes thus levied shall be dL
on the fifteenth day of October in the year in which the taxes are levied and
are delinquent if not paid by the 16th day of October of that year. If the
annual lev,z is made on or after the first day of June, the borough assembly may!
by resoTution establish a Tater delinquency date.
3.20.89 Exceptions. Taxes levied in the amount of twenty -five
dollars or less must be paid in full on the due date established by the borough
assembly as the due date of the first installment of all taxes in a larger
amount.
Taxes levied in an amount of $4.99 or less will not be billed. During the'
process of billing, ll full tax amounts of less than five dollars total
will be written off as if paid. A full accounting of such write -offs will be
available for public inspection.
3.21).090 Late payments -- Penalty and interest. If the first payment
is not paid when due, the entire tax becomes delinquent, and subject to a
penalty of e4gkt ten percent of the entire tax; and interest shall accrue on
the unpaid principT balance, excluding the penalty, at the rate of eight
percent per year. If the first payment is paid when due, but the second
payment is not paid when due, the unpaid balance of the tax becomes delinquent,
and subject to a penalty of ten percent of the unpaid balance; and interest
shall accrue on the unpaid principal balance, excluding the penalty, at the
rate of eight percent per year. Partial payments shall be applied first to
accrued penalties, then to interest, then to principal. Notwithstanding the
acceptance of partial payment, the unpaid balance remains delinquent and the
lien therefor enforceable in accordance with law. For the purposes of this
section, a payment is paid when due if mailed to the borough, postage prepaid,
bearing a postmark date not later than the due date.
PASSED AND APPROVED THIS 7th day of October , 1982, by the
Kodiak Island Borough Assembly.
ATTEST:
g
First Reading, Approval Date: September 2, 1982
Second Reading, Approval Date: October 7, 1982
Passage Date: October 7, 1982
Effective Date: October 7, 1982
Recommended By: Finance Director
KODIAK ISLAND BOROUGH
Mayor