Fiscal Note
It is anticipated that the General Fund will realize a small increase in revenues derived from the late fees.
Title
Amending Section 34.105 of the Madison General Ordinances to increase the late fee for Madison Fire Department licenses.
Body
DRAFTER'S ANALYSIS: This proposal increases the late fee for Madison Fire Department (MFD) licenses from 15 % to 25%. In addition, a license that is renewed after July 31 of each year would be subject to a 50% late fee. These changes would make the MFD late fee consistent with other late fees for licenses under Chapter 9, MGO.
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The Common Council of the City of Madison do hereby ordain as follows:
Subsection (7) of Section 34.105 entitled "Licenses and Permits" of the Madison General Ordinances is amended to read as follows:
"(7) Renewal licenses shall be obtained on or before June 30 of each year or be subject to a late filing fee of fifteentwenty-five percent (1525%) of the license fee. License fees that are not renewed by July 31 of each year shall be subject to a late fee of fifty percent (50%) of the license fee. Payment of a late filing fee shall not relieve any person from any other penalties prescribed in this chapter for failing to possess or obtain a license."