(A) All license, privilege and occupational fees due to the city pursuant to this chapter shall be prorated for the year during which the same are required.
(B) The business, trade, occupation or profession shall pay the city an amount equal to one-twelfth of the annual tax of license fee imposed times the number of months remaining in the calendar year, and any fraction of a month shall be counted as a whole month.
(Prior Code, § 110.07) (Ord. passed 11-24-1986; Ord. 91-8, passed 12-9-1991) Penalty, see § 110.99