Boonville Payment date; penalty fee ordinance (§ 10-10)

All license fees due under this article shall become delinquent on the fifteenth day of February of the year in which due, and thereafter shall be subject to a penalty of ten per cent of the amount due for the license during the first month of delinquency and ten per cent of the amount due for the license for each additional month until the penalty amounts to 30 per cent; and this penalty shall be assessed in cases where a merchant, manufacturer, wholesaler or service occupation files a statement hereunder required and then fails to pay the license fee due, or when he files a statement which is later to be found to be incorrect and it is determined than an additional license fee is due.