§ 3.08.010. Director of finance authorized to estimate assessments—Payments of estimated tax bills.

Pursuant to the authority of Tax Property Article § 10-210, of the Annotated Code of Maryland, 2001 Volume, as amended, the director of finance be and he is authorized and directed to estimate assessments in cases where the State of Maryland Department of Assessment and Taxation fails to notify the director of finance of such assessment on or before September 1st of any year, so as to provide for the payment of tangible personal property taxes imposed by Tax Property Article § 8-107 of the Annotated Code of Maryland, not in excess of an amount determined by applying the current rate to the assessment for the last preceding year for which such assessment is available. Notwithstanding any provision to the contrary, estimated tax bills rendered on the basis of the assessment for the last preceding year for which such assessment is available shall be subject to such interest and penalties as have been established pursuant to Tax Property Article § 14-702, of the Annotated Code of Maryland. If the amount so paid is less than the tax as finally determined, the taxpayer shall be billed for the difference; and if the amount so paid is greater than the tax as finally determined, the taxpayer shall be refunded the difference, with interest. Any bill rendered for an additional amount, as finally determined under the provisions of this section, if not paid within thirty (30) days thereof, shall be subject to such interest and penalties as may be established by ordinance of the mayor and city council.

(Ord. 1992 (part), 2006: prior code § 140-1)

( Ord. No. 2443, 10-9-2017 )

Editor's note

Ord. No. 2443, adopted October 9, 2017 , amended § 3.08.010 to read as set out herein. Previously § 3.08.010 was titled "Director of internal services authorized to estimate assessments—Payment of estimated tax bills."