Chapter 3.04
FISCAL PROVISIONS GENERALLY

Sections:

3.04.010    Assessment and collection of taxes.

3.04.020    Determination of tax levy.

3.04.030    Rate of interest for warrants.

3.04.010 Assessment and collection of taxes.

All taxes levied for municipal purposes in the town shall be assessed and collected at the same time by the same officers and in like manner as state and county taxes are assessed and collected. (Ord. 8 § 1, 1924)

3.04.020 Determination of tax levy.

The town clerk shall procure from the county auditor each year after final equalization of assessments, a statement of the assessed valuation of all property in the town, and at its next succeeding meeting the town council shall fix and determine the tax levy for such year and the town clerk shall immediately certify such levy to the county auditor. (Ord. 8 § 2, 1924)

3.04.030 Rate of interest for warrants.

All warrants issued by the town shall draw interest from and after the date of their presentation for payment at the rate of eight percent per year. (Ord. 7 § 1, 1924)