The business license levied by this section is for the purpose of providing such regulation
as may be required by the businesses subject thereto and for the purpose of raising
revenue through a privilege tax. The business license year will be from May 1 of the
current year until April 30 of the ensuing year. This time period shall be considered
a "license year." The county council shall, by ordinance, establish and approve a
business license fee schedule providing a business license rate for each class of
businesses subject to this section, provided, the license inspector may assign fee
rates to newly existing business types and/or respective classification codes that
is consistent with the most similar business classifications in the schedule adopted
by county council. County council, at its discretion, may also amend, at any time,
by ordinance, the business license fee schedule, to establish new rates, to be effective
and payable beginning the following license year.
