There shall be a credit in the amount of $12.50 per quarter in amount of tax computed under this article. A person exercising a privilege taxable hereunder for a fractional part of a quarter shall be entitled to a credit of the sum bearing the proportion to $12.50 that the period of time the privilege bears to the entire quarter. When a credit is not used in full in one quarter, the unused portion shall not be carried forward in subsequent quarterly periods.
(Ord. 1276, passed 6-29-00)