A. Annual Random Audits: If the city collects more than two hundred fifty thousand dollars ($250,000.00) in annual occupancy tax proceeds, the city council shall select for annual random audits one or more vendors to verify the amount of gross rent subject to the occupancy tax and to ensure that the full amount of occupancy tax on that rent is collected. If the city collects less than two hundred fifty thousand dollars ($250,000.00) in annual occupancy tax proceeds, the city council shall conduct random audits to verify full payment of occupancy tax receipts. (Ord. 1015, 1-10-2000)
B. Number Of Vendors Audited: The city council shall determine each year the number of vendors within the city to audit.
C. Performance Of Audit: The audits may be performed by the city clerk or by any other designee of the city council. A copy of the audits shall be filed annually with the local government division of the department of finance and administration. (Ord. 851, 6-8-1992)