(a) Monthly Reporting. The owner or owners of each lodging service or any third party facilitator within the Town shall file monthly tax returns showing tax receipts received with respect to each room during each month. The returns shall be due on or before the last day of the month for the preceding calendar month. The owner of each lodging service within the Town that has collected ten thousand dollars ($10,000.00) or more of tax herein imposed and levied during its fiscal year shall provide the Finance Director with a certified statement from an independent certified public accountant within one hundred eighty (180) days following the end of the businesses fiscal year showing the amount of such tax which was due, collected and paid to the Town during the fiscal year.

(b) Transmittal of Tax. The tax shall be due on the day that the monthly return is due as provided herein. At the time of filing such return, the owner or third party facilitator shall pay to the Finance Director all taxes, interest and penalties, if any, due for the period to which the return applies.

(c) Failure to Pay Tax. If for any reason any tax is not paid when due, a penalty and interest, as set by Subsection (d) of this Section, on the amount of tax which remains unpaid shall be added and collected. Whenever any owner shall fail to pay any tax as herein provided, enforcement may include legal action and tax lien.

(d) Schedule of Certain Rates. The following rates are hereby set for the purpose of this Article: