Unless otherwise specifically provided, all annual license taxes under the provisions of this article shall be due and payable in advance on the first day of January of each year or the date on which a person first conducts business within the city, whichever is applicable. All licenses issued under this article shall be effective on a calendar-year basis of January 1st through December 31st or any portion thereof; provided, that license taxes for new businesses commenced on and after the first day of March, license taxes shall be prorated for the balance of the license period as follows:
Date of Commencement of Business | Prorated Tax |
Between March 1st and June 30th | 3/4 of annual license tax |
Between July 1st and September 30th | 1/2 of annual license tax |
Between October 1st and December 31st | 1/4 of annual license tax |
(Ord. 338 § 19, 1975).