(A) Pursuant to KRS 243.075, the regulatory license fee on the gross receipts of sale of alcoholic beverages of each license issued by the City ABC Administrator shall be 7% on gross sales of all alcoholic beverages sold by the drink beginning with the 2022-2023 fiscal year and continuing at the same percentage every fiscal year thereafter, unless amended by subsequent ordinance hereto. In the case of retail sales of package distilled spirits and wine, the regulatory license fee shall be 7% of gross sales beginning with the 2022-2023 fiscal year and continuing at the same percentage every fiscal year thereafter, unless amended by subsequent ordinance hereto. The regulatory license fee shall be 7% on gross retail sales of package malt beverages beginning with the 2022-2023 fiscal year and continuing at the same percentage every fiscal year thereafter, unless amended by subsequent ordinance hereto. These fees shall be paid quarterly. For every fiscal budget year thereafter, the city shall adopt at the budget adoption for each subsequent fiscal year, such annual rate for the regulatory license fee as shall be reasonably estimated to ensure full reimbursement to the city for the cost of an additional policing, regulatory, or administrative expense related to the sale of alcoholic beverages in the city. Should the city fail to address the regulatory license fee in any budget, then the regulatory license fee shall remain at the level at which it was last fixed until such time as the city shall adjust the fee.
(B) Payment of such regulatory fee shall be remitted to the City ABC Administrator, and shall be held in a separate account maintained for the purpose of fully reimbursing the city for the estimated cost of any additional policing, regulatory or administrative expense related to the sale of alcoholic beverages in the city. The regulatory license fee shall be in addition to any other taxes, fees or licenses permitted by law, except that a credit against a regulatory license fee in the city shall be allowed in an amount equal to any license fee imposed by the city pursuant to KRS 243.070. Payment of the regulatory license fee shall accompany the tax return approved for such use by the city. Payments are due no later than by the end of the month immediately following each calendar quarter.
(C) Failure to pay such quarterly remittance within ten days of the due date constitutes a violation and subjects the licensee to suspension or revocation.
(D) Penalty for failure to file a return and pay a quarterly remittance by the due date shall be 5% of the tax for each 90 days or fraction thereof. The total late filing penalty shall not exceed 25% of the tax; provided, however, that in no case shall the penalty be less than $10.
(E) Interest at the rate of 8% per annum will apply to any late payments.
(F) Upon collection, the city shall transmit any fees received into the appropriate designated account.
(Ord. 2015-04, passed 6-8-2015; Ord. 2017-06, passed 6-30-2017; Ord. 2018-05, passed 6-11-2018; Ord. 2020-03, passed 5-28-2020; Ord. 2021-03, passed 6-28-2021; Ord. 2021-13, passed 6-27-2022)