3.20.040 Records and Reporting.
A. Each utility subject to this chapter shall:
1. File within 35 days of the end of each month a report of the gross revenues of the utility, accompanied by payment of the required fee.
2. Maintain records that accurately reflect the amount of gross operating revenue for at least seven years.
B. The City may conduct an investigation into the accuracy of the revenues listed in the revenue report. The utility shall make available for investigation all records and books of the company for verification of the reports of the company and the fees paid by the company.
C. If the City finds that the license fee paid is insufficient, the City shall send a statement to the licensee showing the amount underpaid and demanding payment of that amount within 10 days of the date of the statement. If the City determines that a utility has overpaid its license fee, the City shall refund the amount overpaid to the utility.
D. A utility may appeal the City’s demand for payment to the City Council. The appeal must be in writing and specify the grounds for the appeal. The Council will hold a hearing on the appeal. If the Council determines that the utility is required to pay any additional amount, the utility shall pay the amount owing within 24 hours of the Council’s decision. [Ord. NS-2182, 2012]