(A) Use of TLT funds. The revenue collected from the first 5% of the tax pursuant to this subchapter shall be allocated by the City Council to any 1 or more or the following during any 1 fiscal year, as follows: fire and rescue equipment, police services and equipment, promotion and tourism, street and parking improvements, parks and recreation services and equipment, land acquisition and capital improvements, and/or city beautification and urban renewal; provided, however, that no more than 40% of the total funds shall be allocated to any 1 category during 1 fiscal year. The revenue collected from the next 2% of the tax pursuant to this subchapter shall be allocated in its entirety to media advertising to promote tourism, economic development and a positive business environment in Rockaway Beach. The revenue collected from the 3% balance of the tax pursuant to this subchapter shall be allocated, following reductions attributed to collection reimbursement charges, consistent with O.R.S. 320.350.
(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 3 years and 6 months.
(C) Examination of records; investigations. The Tax Administrator or agent may examine all records of a local tax trustee relating to 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 Tax Administrator. The Tax Administrator shall have the power to enforce this chapter, conduct audits, and to 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 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tax collector to whom the interpretation is issued, the city will act consistently with the interpretation until it is withdrawn, and the city shall provide 30 days’ written notice of withdrawal of an interpretation.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 transient lodging tax collector. Nothing in this division 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 purpose of administering or enforcing any provisions of this chapter or collecting city business license fees.
(2) 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) The disclosure of general statistics regarding taxes collected or business done in the city.
(5) Disclosures required by O.R.S. Chapter 192.
(6) Disclosures required by O.R.S. Chapter 297.
(Prior Code, Ord. 176, passed 1-9-1980; Am. Ord. 266, passed 7-12-1990; Am. Ord. 97-348, passed 11-12-1997; Am. Ord. 291, passed 3-25-1992; Am. Ord. 00-361, passed 7-26-2000; Am. Ord. 07-402, passed 7-9-2007; Am. Ord. 13-419, passed 10-9-2013; Am. Ord. 19-432, passed 6-12-2019; Am. Ord. 21-441, passed 11-10-2021)