§ 601 - School commissioners
§ 1-601. Payment of taxes
Taxes on real and personal property shall be paid in four (4) equal payments, with one-fourth of the annual tax bill for each taxpayer due and payable on August 15, November 15, February 15, and May 15 of each year to the city treasurer, unless otherwise changed by the city council. At the close of the fiscal year any unexpended funds of the city budget and school budget must be used in the subsequent budget to cut the tax rate.