§ 3.12.040. Report and payment of tax.  


Latest version.
  • The imposition of the foregoing tax shall be effective beginning with revenue derived from public utility services rendered on October 1, 1990 and shall continue thereafter. Within forty-five days after the close of each quarter in each calendar year, suppliers and distributors of public utility services shall file with the city treasurer a report of all gross revenue for such quarter. Such report shall contain a statement of gross revenue and any deductions made because of adjustments or corrections of tax to be paid, as set forth in this chapter. Such report shall also disclose to the city the total cost to the ultimate consumer of the utility furnished to the ultimate consumer, to enable the calculation of the franchise tax imposed herein. Coincidentally with the filing of such report, the supplier and distributor shall pay to the city treasurer the amount of tax thus computed. Within thirty days after the filing of such report, or within such reasonable additional time as the city treasurer may request, the city treasurer shall examine such report, determine the accuracy of the amounts reported and if the city treasurer finds any errors, report the same to the supplier or distributor for correction; if the tax as paid is deficient, the supplier or distributor shall promptly remit the balance owing. The records of the supplier or distributor pertaining to such report shall be open for inspection by the city council or its duly authorized representative at all reasonable hours for the purpose of verifying such report.

(Ord. No. 90-08-11, § 4, 1990)