The term of each license year shall run from May 1 through April 30 in the following year. Each license issued later than May 1 shall terminate on April 30, next following its issuance, and the fee to be paid shall be reduced in proportion to the full calendar months which have expired in the year prior to the issuance of the license. Annual license fees shall be paid in advance of the ensuing license year. Failure to pay in advance shall be a violation of this chapter and give the village the power to revoke the license issued and make the offender liable for a penalty under this chapter.
(Prior Code, § 9-205)