§ 40-46. Refund for overpayment.  


Latest version.
  • If the credit allowed for estimated property tax paid during the property tax year results in an overpayment of property tax, the overpayment shall be refunded to the taxpayer together with the actual interest earned by the county treasurer, running from the later of the due date of the installment resulting in the overpayment, without regard to additional amounts paid, or the actual date the overpayment was received by the county treasurer, to the date the refund is issued. If, however, the overpayment is issued to the taxpayer within 45 days of the installment payment that resulted in the overpayment, the county treasurer may retain the interest earned.

(Ord. No. 09-01, § 7, 1-5-2009)