(a) Each hotel operator shall keep complete and accurate records of taxable sales and charges, together with a record of the tax collected thereon. Such records and documents shall be kept and maintained for a period of three years unless the hotel operator is notified by the City that they be kept for a longer period.
(b) The tax imposed by this article shall be due and payable in monthly installments on the fifteenth day of the month for all taxed collected from consumers in the preceding calendar month. The remittance of such taxes shall be accompanied by a return, in a form and containing such information as the City Treasurer may, by rule or regulation, require.
(c) There shall be a late payment penalty in the amount of $25.00 imposed on any hotel operator who fails to remit the tax imposed by this article by the fifteenth day of the month subsequent to the month in which the tax was collected.
(d) The tax imposed by this article, if not paid when due, shall bear interest at the rate of eight percent (8%) per annum from the due date until paid.
(Ord. 279. Passed 4-6-19.)