Each operator shall, on or before the last day of the month following the close of the prior month, make a return to the Finance Director, on city-provided forms, of the total rents charged and received and the amount of the tax collected for transient occupancies. At the time the return is filed, the full amount of the tax collected shall be remitted to the Finance Director. The Finance Director may establish shorter reporting periods for any certificate holder if he or she deems it necessary in order to insure collection of the tax and he or she 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 Finance Director.
(`78 Code, § 3.34.070.) (Ord. 2050 § 2, 1991; Ord. 1128 § 7, 1968; Ord. 2050 § 2, 1991.)