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JANUARY 22, 2008 08-36 ORDINANCE
FIRST READING
(CARRIED__6-0____ LOST________ LAID OVER________ WITHDRAWN_______)
PURPOSE: AMEND INSTALLMENT PAYMENT OF TAXES
INITIATED BY: FINANCE DEPARTMENT
A GENERAL ORDINANCE OF THE CITY OF OSHKOSH REPEALING AND
RECREATING SECTION 12-6 PERTAINING TO INSTALLMENT PAYMENT OF TAXES
WHEREAS, Wisconsin Statutes have been amended to add a five-day grace period
to the due date for payment of taxes,
NOW, THEREFORE,
The Common Council of the City of Oshkosh does ordain as follows:
SECTION 1. That Section 12-6 of the Oshkosh Municipal Code pertaining to the
addition of a five -day grace period after the due date for payment of taxes is hereby
repealed and recreated to read as follows:
SECTION 12-6 INSTALLMENT PAYMENT OF TAXES AND OTHER CHARGES.
Taxes, special assessments and special charges shall be paid and collected in the City as
provided in Chapter 74 of the Wisconsin Statutes, and as herein provided.
(A) Full Payment
Taxes and special assessments may be paid in one payment on or before five (5)
working days after January 31. Special charges and other taxes must be paid in full
on or before five (5) working days after January 31.
(B) Installment Payments
Taxpayers have the option of pay ing their real estate taxes and special
assessments in four installments, each equal to twenty -five percent (25%) of the
total. The due dates for the installments shall be January 31, March 31, May 31,
and July 31. If the payment is not received on or before five (5) working days after
its due date, the total unpaid balance shall become immediately due and payable
and subject to penalty.
JANUARY 22, 2008 08-36 ORDINANCE
FIRST READING CONT’D
(C) Minimum Installment
If the amount of either real estate taxes or special assessments is less than
$100.00, the amount shall be paid in full on or before five (5) working days after
January 31.
(D) Personal Property Taxes
(1) All taxpayers have the option of paying personal property taxes on
improvements on leased land in four installments, each equal to 25% of the
total. The due dates for the installments shall be January 31, March 31, May
31, and July 31. If the payment is not on or before received five (5) working
days after its due date, the total unpaid balance shall become immediately
due and payable and subject to penalty.
(2) Notwithstanding any other provision to the contrary, all personal property
taxes not subject to paragraph (1) above shall be paid in full on or before five
(5) working days after January 31.
(E) Interest Penalty.
Any payment not received on or before five (5) working days after its due date shall
have added thereto interest at the rate of one percent (1%) per month or fraction
thereof until paid in full. Delinquent payments shall accrue interest as of February
1.
SECTION 2. This ordinance shall be in full force and effect from and after its
passage and publication.