1999-02 Amending Title 3 Revenue/Finance - Late PaymentsKODIAK ISLAND BOROUGH
ORDINANCE NO. 99 -02
Introduced by:
Requested by:
Drafted by:
Introduced:
Public Hearing:
Adopted:
Mayor Stevens
Mayor Stevens
Finance Director
04/01/99
04/15/99
04/15/99
AN ORDINANCE OF THE KODIAK ISLAND BOROUGH ASSEMBLY
AMENDING TITLE 3 REVENUE AND FINANCE OF THE
KODIAK ISLAND BOROUGH CODE OF ORDINANCES BY AMENDING
SECTION 3.20.088 TAX DUE DATES AND DELINQUENCY AND
SECTION 3.20.090 LATE PAYMENTS -- PENALTY AND INTEREST TO ALLOW A
POSTMARK BY THE UNITED STATES POST OFFICE PRIOR TO
MIDNIGHT ON TAX PAYMENT DUE DATE
WHEREAS, a postmark on a tax remittance envelope on the date the payment was due
would show a timely payment was made; and
WHEREAS, adverse weather conditions in Kodiak hinder the deliverance of mail timely;
NOW, THEREFORE, BE IT ORDAINED BY THE ASSEMBLY OF THE KODIAK ISLAND
BOROUGH THAT:
Section 1: This ordinance is of a general and permanent nature and shall become a part
of the Kodiak Island Borough Code of Ordinances.
Section 2: Title 3 REVENUE AND FINANCE of the Kodiak Island Borough Code of
Ordinances is amended as follows:
3.20.088 Tax due dates and delinquency. Taxes are due when billed. If payment is by a single
payment, such payment must be received in the finance office or postmarked by the United States
Post Office (USPO), not metered machines, prior to midnight on or before October fifteenth. Taxes
levied in any given year may be paid in two (2) equal installments. If the taxpayer elects this option ,
then the first half is delinquent unless it is delivered to the borough office or postmarked by the
USPO, not metered machines, prior to midnight on or before the fifteenth day of August in the year
in which the taxes are levied. The second half of the taxes thus levied is delinquent unless it is
delivered to the borough office or postmarked by the USPO, not metered machines, prior to midnight
on or before the fifteenth day of November in the year in which the taxes are levied. If the annual
levy is made on or after the first day of June, the borough assembly may by resolution establish a
later delinquency date. Taxes normally become delinquent after the dates mentioned in this section.
3.20.090 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 ten percent (10 %) of the entire tax and
interest shall accrue on the unpaid principal balance, excluding the penalty, at the rate of twelve
percent (12 %) per year. If the first payment is paid when due but the second payment is not paid
Kodiak Island Borough, Alaska Ordinance No. 99 -02
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when due, the unpaid balance of the tax becomes delinquent and subject to a penalty of ten percent
(10%) of the unpaid balance, and interest shall accrue on the unpaid principal balance, excluding t he
penalty, at the rate of twelve percent (12 %) 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 therefore enforceable in accordance with
law. For the purposes of this section, a payment is paid when due only if it is physically received
in the finance office by the due date or postmarked by the USPO, not metered machines, prior to
midnight on the due date.
ATTEST:
ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
THIS FIFTEENTH DAY OF APRIL, 1999
onna F. Smith, CMC /AAE, Borough Clerk
KODIAK ISLAND BOROUGH
,
Gar L. Stevens; iBorough Mayor
Kodiak Island Borough, Alaska Ordinance No. 99 -02
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