(A) Each organization shall keep records of its gross receipts, expenses and net proceeds for each single occasion at which winning chances are determined. All deductions from gross receipts for each single occasion shall be documented with receipts or other records indicating the amount, a description of the purchased item or service or other reason for the deduction. The distribution of net proceeds shall be itemized as to payee, purpose, amount and date of payment.
(B) Each organization shall have separate records of each raffle conducted. The person who accounts for gross receipts, expenses and net proceeds from the operation of raffles on behalf of such organization shall not be the same person who accounts for other revenues of the organization.
(C) Each organization licensed to conduct raffles shall promptly report to its membership, its gross receipts, expenses and net proceeds from raffles and the distribution of the net proceeds itemized. Such reports shall be promptly submitted to the City Clerk’s office upon request.
(D) Any person who has been convicted of a felony; any person who is or has been a professional gambler or gambling promoter; any person who is not of good moral character; are ineligible for a license.
(E) A filing fee of $5 per raffle must be paid when applying for the raffle license.
(1960 Code, § 7-17-1) (Ord. 5385, passed 3-8-1995; Ord. 7297, passed 8-17-2009; Ord. 8235-2018, passed 8-20-2018)