(A) Each licensee shall keep records of its gross receipts, expenses, and net proceeds for each single gathering or occasion at which winning chances are determined. All deductions from gross receipts for each single gathering or occasion shall be documented with receipts or other records indicating the amount, a description of the purchased item or service, or other reason for the deduction, and the recipient. The distribution of net proceeds shall be itemized as to payee, purpose, amount, and date of payment.
(B) Gross receipts from the operation of a raffle or poker run shall be segregated from other revenues of the licensee including bingo gross receipts, if bingo games are also conducted by the same non-profit organization pursuant to license therefore issued by the Department of Revenue of the State of Illinois, and placed in a separate account. Each licensee shall keep separate records of its raffles and/or poker runs. The person who accounts for gross receipts, expenses, and net proceeds from the operation of raffles or poker runs shall not be the same person who accounts for other revenues of the licensee.
(C) Each licensee shall report promptly to its membership and to the County of Macon, its gross receipts, expenses, and net proceeds from the raffle and/or poker runs, and the distribution of net proceeds itemized as required herein.
(D) Raffle or poker run records shall be preserved for three years, and organizations shall make available their records relating to the operation of raffles or poker runs for public inspection at reasonable times and places.
(Ord. O-118-1-15, passed 1-8-2015; Ord. O-121-04-16, passed 4-14-2016) Penalty, see § 115.99