(A) Monthly reporting. The owner or owners of each hotel or motel within the village shall file monthly tax returns, on a form approved by the village, showing tax receipts received with respect to each hotel or motel during each reporting period. The returns shall be due on or before the last day of the calendar month next following the end of the monthly filing period. All returns shall be for full calendar months as provided herein.
(B) Transmittal of tax. The tax shall be due on the day the monthly return is due as provided herein. At the time of filing such returns, the owner shall pay to the Finance Director all taxes, interest and penalties, if any, due for the period to which the return applies.
(C) Penalty. If for any reason any tax is not paid when due, a penalty at the rate of 1% of total taxes due per 30-day period, or any portion thereof, shall be added and collected.
(Ord. 2018-06-22, passed 6-18-2018)