A. On and after one (1) minute after twelve o'clock (12:01) A.M., July 1, 2016, there is levied and there shall be paid by each purchaser of a taxable lift ticket an excise tax as described in this chapter. Such tax is due and shall be paid for the exercise of a taxable privilege.

B. The amount of the tax hereby levied is four and one-half percent (4.5%) of the actual purchase price of each taxable lift ticket, whether purchased within the town or elsewhere; provided, that a tax derived from calculations resulting in a fraction of a cent being a part of the tax shall be increased or rounded to the next whole cent. (Ord. 30, Series 2021)