No later than July 1, each organization that conducted gambling operations in the city at any time during the next preceding year shall submit to the City Administrator a copy of an annual financial audit of the organization’s gambling operations in the city. If the organization fails to do so, the Council may require and arrange for the annual financial audit.
(A) The audit shall be conducted at the expense of the organization conducting the gambling operations.
(B) The audit shall include information on all gross receipts, profits, and expenses incurred by the organization in the conduct of its gambling operations and on uses of profits.
(1998 Code, § 9.08, Subd. 6) (Ord. 76, 5th Series, eff. 2-19-1997)