(A) On or before the last day of each month, the persons delivering water shall make a return to the village for the preceding month stating:
(1) Name;
(2) Principal place of business;
(3) Gross receipts during the month upon the basis of which tax is imposed;
(4) Amount of tax; and
(5) Such other reasonable and related information as the corporate authorities may require.
(B) The persons delivering water making the return herein provided for shall, at the time of making such return, pay to the village the amount of tax herein imposed: provided that, in connection with any return, the persons delivering water may, if he or she so elects, report and pay an amount based upon his or her total billings of business subject to the tax during the period for which the return is made (exclusive of any amounts previously billed) with prompt adjustments of later payments based upon any differences between such billings, and the taxable gross receipts.
(Prior Code, § 3-509)