(A) The owner or owners of each hotel or motel room within the village shall file tax returns showing tax receipts received with respect to each hotel or motel room during each month from the first date of operation of the business. The return shall be due on or before the last day of each succeeding calendar month, and the return shall indicate for what period the return is to be filed; for example, a return for January tax receipts shall be due on or before the last day of February. If the owner's average monthly tax liability does not exceed $60, the Village Treasurer may authorize the owner to file the returns to be filed on a quarter annual basis, with the return for January, February, and March of a given year being due by April 30 of such year; with the return for April, May, and June being due by July 31 of such year; with the return for July, August, and September of a given year being due by October 31 of such year; and with the return for October, November, and December of a given year being due by January 31 of the following year.
(B) At the time of filing the tax returns, the owners shall pay to the Village Treasurer all taxes due for the period to which the tax return applies.
(C) If for any reason any tax is not paid when due, a penalty at the rate of 1-1/2% per 30-day period, or portion thereof, from the date of delinquency shall be added and collected.
(Ord. 1029-88, passed 3-2-88) Penalty, see § 122.99