5.04.150   Statement and records.
   A.   No sworn statement shall be conclusive to the city as to the matters set forth therein, nor shall the filing of the same preclude the city from collecting by appropriate action such sum as is actually due and payable hereunder. Such sworn statements and each of the several items therein contained shall be subject to audit and verification by the collector, his/her deputies or authorized employees of the city, who are hereby authorized to examine, audit, and inspect such books and records of any taxable business, as may be necessary in their judgment to verify or ascertain the amount of tax due.
   B.   All entities subject to the provisions of the title shall keep complete records of business transactions, including sales receipts, purchases, and other expenditures, and shall retain all such records for examination by the collector. Such records shall be maintained for a period of at least the current calendar year plus three prior years. No entity required to keep records under this section shall refuse to allow authorized representatives of the collector to examine said records at reasonable times and places. (Ord. 9517 § 1 (part), 1995: prior code § 6015)