787.09 SCHEDULE OF PAYMENTS.
   (a)    The tax shall be due and payable in monthly installments on or before the fifteenth day of the calendar month next succeeding the month in which the tax accrued. For credit sales in which the tax is not collected at the time of sale, the tax shall not be regarded as having accrued until the date on which it is either received by the hotel operator or upon the expiration of thirty days whichever shall first occur.
   (b)    The hotel operator shall, on or before the fifteenth day of each month submit a return containing all pertinent information for the preceding month accompanied by a remittance for the amount of the tax due. Each return shall be signed by the hotel operator or duly authorized agent. (Ord. 0-386. Passed 7-23-85.)