A.   Fee Imposed: There is hereby levied an inspection fee and charge upon each and every person, firm or corporation operating a telephone exchange in the city in an amount equal to two percent (2%) of the gross revenue for each current year for exchange telephone transmission service rendered wholly within the limits of the city to compensate the city for the expense incurred and service rendered incident to the exercise of its police power, its legal and police control of the construction of lines and equipment for the telephone company in the city. (1983 Code § 7-301)
   B.   Due Date: The inspection fee and charge shall be due and payable to the city on or before June 1 of each year, and shall be paid into and appropriated, and expended from, the general fund of the city. (1983 Code § 7-301; amd. 2005 Code)