(a) Content of Records. Every person responsible for the collection and remittance of the tax herein imposed shall keep accurate and complete books and records of all admissions charges, admissions, or relevant transactions.
(b) Retention of Records. All books, records, and daily record sheets shall be retained by each operator for a period of six (6) years subsequent to the year of transaction.
(c) Access to Records. Each operator shall afford the Finance Director and their designated agents access to all such records and evidence at all reasonable times and shall provide verification or authentication of the same, as the Finance Director may require. The Finance Director and their agents are hereby authorized to examine the books, papers and records of any person responsible for the collection and remittance of the tax in order to verify the accuracy of any return made, or, if no return has been made, to determine the taxes due. Every person responsible for the collection and remittance of tax herein imposed is hereby required and directed to provide to the Finance Director and their designated agents the means, facilities and opportunity to conduct any examinations or investigations as are hereby authorized.
(d) Audits. The Finance Director shall have, at reasonable times during normal business hours, the right to examination and audit of all account books and records of any person responsible for the collection and remittance of the tax herein imposed and levied which, in the Finance Directorfs opinion, in any way pertain to admissions charges, admissions, or relevant transactions. This audit is to be made by the Finance Director or by accountants employed by the City and at its own expense. If required by the Finance Director, a complete audit of a person’s gross receipts from admissions or relevant transactions shall be provided at the end of each person’s fiscal year by an accountant approved by the Finance Director and at the expense of the City. Notwithstanding the foregoing if, as the result of an audit, the Finance Director shall determine that there shall be an unpaid tax liability for a person equal to or greater than one percent (1%) of the person’s total liability for the period audited, the Finance Director may require such person to pay the expenses of the audit.
(Ord. 21-175. Passed 11-8-21.)