5.20.090 Payment of tax.
A. The tax imposed by this chapter shall be due and payable on a quarterly basis, and remittance therefor shall accompany each return and be in the Finance Department by 5:00 p.m. PST on or before the last day of each April, July, October and January for the preceding quarter in which the tax accrued.
B. For each payment due, if such payment is not made by the due date and time thereof, there shall be added penalties as follows:
1. One to 15 days delinquency, 10 percent with a minimum penalty of $10.00;
2. After 15 days delinquency, 15 percent with a minimum penalty of $10.00.
C. In addition to the late payment penalties set forth herein, any quarterly tax payment not paid by the due date shall bear interest at 12 percent per annum or the maximum legal rate, whichever is greater. (Ord. 1807 § 1, 2000).