(A) Fund distribution. Eight percent of the 12% shall be split with 1% going to public safety/law enforcement, and the 7% to the General Fund. The revenue generated after the 8% (4%) shall have a 70/30 split. 70% of the 4% tax funds shall be used in the budget for tourism purposes consistent with state law, and 30% of the 4% generated shall go into the General Fund to be used for city services.
(B) Records required from local tax trustee. Every local tax trustee shall keep records of each transaction involving rent and/or collection of TLT. All records shall be retained for at least three years and six months.
(C) Examination of records; investigations. The Tax Administrator or agent may examine all records of a local tax trustee relating to the receipt of rent and TLT and remittance of tax during normal business hours and may obtain copies of the records to audit returns.
(D) Authority of the Tax Administrator. The Tax Administrator shall have the power to enforce this chapter, conduct audits, and adopt rules, regulations, and forms consistent with this chapter. Rules and regulations of general application shall be mailed to all registered transient lodging providers. The Tax Administrator may also issue written interpretations on the request of a transient lodging tax collector. As to the transient lodging tax collector to whom the interpretation is issued, the city will act consistently with the interpretation until it is withdrawn, and the city shall provide 30 days’ written notice of withdrawal of an interpretation.
(E) Confidential character of information obtained ; disclosure unlawful. The city shall maintain the confidentiality of information provided by a transient lodging tax collector. Nothing in this section shall be construed to prevent:
(1) The disclosure to or the examination of records and equipment by another city official, employee, or agent for collection of taxes for the sole purpose of administering or enforcing any provisions of this subchapter, or collecting taxes imposed hereunder, or collecting city business license fees;
(2) The disclosure of information to the transient lodging tax collector and the transient lodging tax collector’s agents;
(3) The disclosure of the names and addresses of any persons to whom certificates of authority have been issued;
(4) Disclosures required by O.R.S. Chapter 192; or
(5) Disclosures required by O.R.S. Chapter 297.
(Ord. 22, passed 3-5-1976; Ord. 330-21, passed 9-21-2021)