§ 8-185. Deficiency determination; penalties and interest.

(a)

If the city has cause to believe that the return or returns of the tax or the amount of the tax required to be paid to the city by any person is not proper, it may compute and determine the amount required to be paid upon the basis of any information that is within or may come into its possession. One or more deficiency determinations may be made of the amount due for any monthly period.

(b)

The city or its designated representatives shall give to the licensee written notice of its determination by certified mail. Notice shall be deemed delivered three days after the date of deposit to the United States Post Office by certified mail.

(c)

Deficiencies must be paid to the city no later than five days after delivery of the deficiency notice. Any licensee who fails to pay such deficiency within the time required shall pay a penalty of 15 percent of the deficiency amount plus interest at a rate of one percent per month of the unpaid deficiency.

( Ord. No. 504A, Exh. A, 5-18-2017 )