Each operator shall, on or before the last day of the month following the close of each calendar quarter, or at the close of any shorter reporting period which may be established by the tax administrator, make a return to the tax administrator, upon such forms and setting forth such information as the tax administrator may prescribe and require, of the total rents charged and received and the amount of tax collected for transient occupancies. Each such return shall contain a declaration under penalty of perjury, executed by the operator or authorized agent, that to the best of the signer’s knowledge, the statements in the return are true, correct and complete. Amounts claimed on the return as exempt from the tax shall be fully itemized and explained on the return or supporting schedule. At the time the return is filed, the full amount of the tax collected is remitted to the tax administrator. If the remittance is by check or money order, the same shall be payable to the city. The tax
administrator may establish shorter reporting periods for any certificate holder if he or she deems it necessary in order to insure collection of the tax and he or she may require
further information in the return. Returns and payments are due immediately upon cessation of business for any reason. All taxes collected by operators pursuant to this chapter are held in trust for the account of the city until payment thereof is made to the tax administrator.
B. All taxes collected by operators pursuant to this chapter shall be and remain public money, the property of the city and shall be held in trust for the account of the city until remittance thereof is made to the tax administrator. (Ord. 189 § 1, 1999: Ord. 12 § 1, 1989)