If payment is not received by the due date, a 10% penalty on the latest amount billed will be charged plus interest on the balance at an annual rate of 8%. Failure to receive the bill does not waive penalty or interest charges. Property owners are legally responsible for all charges. If payments are posted to the account by the due date, you will not be assessed late charges. Refer to PCC Title 13.13.040 B for supporting Code reference.