(A) Each operator will, on or before the tenth day of each month, make a return to the city, on forms provided by the city, of the total rents charged and received and the amount of tax collected for transient use, for the previous month.
(B) At the time the return is filed, the full amount of the tax collected or earned during the previous month, less 5%, will be remitted to the city. Shorter periods may be established for any certificate holder if deemed necessary in order to ensure collection of the tax.
(C) Additional information may also be required, in the return, relevant to payment of the liability.
(D) All taxes collected by operators pursuant to this chapter will be held in trust for the account of the city until payment is made to the city.
(Ord. 140, passed 2-16-1995; Ord. 171, passed 1-21-1999)