§ 44-49. Determination generally; returns; payments.

(a)

Due date of taxes. All amounts of such tax shall be due and payable to the finance director quarterly. The tax shall become delinquent for any 30-day period after the twentieth day of the succeeding quarter in which it remains unpaid.

(b)

Penalty for failure to pay tax by due date. A lodging provider who fails to make any return or to pay the amount of tax as prescribed shall be assessed a specific penalty to be added to the tax in the amount of five percent after 30 days; ten percent after 60 days; and 15 percent after 90 days.

(c)

Acceptance of delinquent return and remittance without imposing penalty; authority; requirements. If the failure to make any return or to pay the amount of tax by the due date results from providential cause shown to the satisfaction of the city council of the village by affidavit attached to the return, and remittance is made within ten days of the due date, such return may be accepted exclusive of penalty.

(d)

Waiving of penalty. Only the city council of the village may waive the penalty prescribed.

(e)

Return; remittance; time of filing; lodging providers required to file; contents. On or before the 20th day of the month succeeding each quarterly period, a return for the preceding quarterly period together with appropriate remittance shall be filed with the finance director. The return shall report the gross rent, taxable rent, and nontaxable rent earned, the amount of tax collected or otherwise due for the period, and such other information as may be required by the finance director.

(f)

Extension of time of filing; authority; requirements; remittance; penalty and interest. The city council of the village may, for good cause, extend the time for making returns for not longer than 30 days. No extension shall be valid unless granted in writing upon written application of the lodging provider. Such grant may not be applicable for longer period than 12 consecutive months. A lodging provider granted an extension shall remit tax equaling not less than 100 percent of the tax paid for the corresponding period of the prior fiscal year; such remittance to be made on or before the date the tax would otherwise come due without the grant of extension. No penalty shall be charged during the extension period.

(g)

Collection fee allowed lodging providers. Lodging providers collecting the tax shall be allowed a percentage of the tax due and accounted for and shall be reimbursed in the form of a deduction in submitting, reporting and paying the amount due, if the amount is not delinquent at the time of payment. The rate of the deduction shall be one percent of the amount due, but only if the amount due was not delinquent at the time of payment.

(Ord. No. 2005-14, § 6, 12-13-2005; Ord. No. 2006-2, 1-10-2006; Ord. No. 2008-5, 5-13-2008)