§ 14-7. Administrative penalties.

(a) Interest and penalties.

For all surcharges due and payable or which are overdue and in arrears on and after January 1, there are hereby imposed the following penalties, which include interest at the rate of 8% per annum, on all such surcharges becoming in arrears, the same to be imposed in or for the year for which such surcharges were levied:

(1) 1⅓% on April 1 on surcharges remaining unpaid at the end of the month of March;

(2) 2⅔% on May 1 on surcharges remaining unpaid at the end of the month of April;

(3) 4% on June 1 on surcharges remaining unpaid at the end of the month of May;

(4) 5⅓% on July 1 on surcharges remaining unpaid at the end of the month of June;

(5) 6⅔% on August 1 on surcharges remaining unpaid at the end of the month of July;

(6) 8% on September 1 on surcharges remaining unpaid at the end of the month of August;

(7) 9⅓% on October 1 on surcharges remaining unpaid at the end of the month of September;

(8) 10⅔% on November 1 on surcharges remaining unpaid at the end of the month of October;

(9) 12% on December 1 on surcharges remaining unpaid at the end of the month of November; and

(10) thereafter, in addition to the aforegoing penalties, a penalty at the rate of 1⅓% per month, which includes interest at the rate of 8% per annum, shall be imposed until said surcharges are paid.

(b) Water service cut-off.

(1) All bills in arrears for charges imposed under this subtitle may be deemed a sufficient reason for discontinuing water furnished by the City until all such surcharges and interest and penalties have been paid in full.

(2) Whenever water is shut off for nonpayment of the surcharges imposed hereunder, the sum of $100 shall be paid to the Department of Finance of the City before the water supply may be turned on again.