A. A person found to have committed an infraction shall be assessed a monetary penalty. No penalty may exceed three hundred dollars ($300.00) for each offense unless specifically authorized by ordinance.

B. The court may prescribe a schedule of monetary penalties for designated infractions.

C. There shall be a penalty of twenty-five dollars ($25.00) for failure to respond to a notice of infraction, unless a lesser amount is set by ordinance for a particular infraction. The penalty provided for herein shall be in addition to the maximum penalty provided for in subsection (A) of this section.

D. Whenever a monetary penalty is imposed by a court under this chapter it is immediately payable. If the person is unable to pay at that time the court may, in its discretion, grant an extension of the period in which the penalty may be paid.