Idaho State Statutes - Idaho Attorney Directory

ENTRY OF DELINQUENT ASSESSMENTS AND PENALTIES -- AMOUNTS OF
PENALTY AND INTEREST. On or before the second Monday of July of each year in
which the assessments are levied, the treasurer of the city shall enter all
delinquent assessments and penalties on the assessment roll, which entry shall
be considered to be dated as of the first day of July of each year, and shall
have the force and effect of a sale to the city treasurer of the city as
grantee in trust for said city of all the lands, parcels, pieces or tracts of
real estate entered upon such assessment roll upon which such assessments have
not been paid before delinquency. The penalty required to be added on
delinquent assessments shall be two per cent (2%) of the amount unpaid and the
treasurer of such city shall collect such assessments which are delinquent
with such penalty added, together with interest on the amount of such
delinquent assessment at the rate of eight per cent (8%) per annum from the
date of sale until redemption.

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