Each operator shall, on or before the last day of the month following the close of each calendar month, or at the close of any shorter reporting period which may be established by the tax administrator, make a return to the tax administrator, on forms provided by the administrator, of the total rents charged and received and the amount of tax collected for transient occupancies. At the time the return is filed, the full amount of the tax collected shall be remitted to the tax administrator. Any return, including the amount of tax collected, not received by the city treasurer by the end of the last day of the month following the month for which said return is due shall be considered delinquent and shall be subject to penalties and interest pursuant to Section 3.12.080, i.e., August tax due by September 30th, and is delinquent on October 1st. The tax administrator may establish shorter reporting periods for any certificate holder if the administrator deems it necessary in order to insure collection of the tax and the administrator may require further information in the return. Returns and payments are due immediately upon cessation of business for any reason. All taxes collected by operators pursuant to this chapter shall be held in trust for the account of the city until payment thereof is made to the tax administrator. (Ord. 2014-02 § 1, 2014; Ord. 2003-11 § 1, 2003; Ord. 76-7 § 7, 1976)