Each annual license tax is due and payable in advance on July 1st of each year. The annual license tax for a period of less than one year shall be prorated as follows:
A.
For a period of nine months or more, 100% of the annual tax;
B.
For a period of more than six months and less than nine months, 75% of the annual tax;
C.
For a period of more than three months and less than six months, 50% of the annual tax;
D.
For a period of more than one month and less than three months, 25% of the annual tax.
(Ord. 15, 1965; Ord. 80, 1973; Ord. 269-99)