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WS - BUDGET SUMMARY FY 13-15
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05/20/2013
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WS - BUDGET SUMMARY FY 13-15
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7/22/2016 11:13:02 AM
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6/5/2013 9:01:03 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Date
5/20/2013
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4) Autoregistration Service Fee <br />Proposed Fee: $14.00 every business license tax account autoregistration <br />This fee established pursuant to NS -2841 will be charged to businesses failing to make <br />application or to provide required information and who are force - assessed an amount <br />pursuant to municipal code. <br />An estimated $1,500 in revenue will be generated from this fee annually. After an initial <br />3 month grace period $1,125 will be generated over nine months. The fee is intended to <br />recover the direct cost of registering a business license tax account and assessing <br />businesses business license tax, penalties, interest, charges, and other associated service <br />fees. <br />5) Audit Service Fee <br />Proposed Fee: $53.00 every qualifying business license tax audit (audits indicating <br />underpayment of 10% or greater, but not less than $250.00) <br />This fee established pursuant to NS -2841 will be charged when a business license tax <br />audit determines that any licensee has underpaid their business license tax by 10% or <br />more of the total amount due, but not less than $250. <br />An estimated $5,000 in revenue will be generated from this fee annually. After an initial <br />3 month grace period $3,750 will be generated over nine months. The fee is intended to <br />recover directly associated audit costs. <br />6) Inspection /Collection Service Fee <br />Proposed Fee: $51.00 every re- inspection, re- investigation, or re- visitation of <br />a place of business to enforce the business license tax code or <br />collect business license tax monies. <br />This fee established pursuant to NS -2841 will be charged for the re- examination, re- <br />inspection, re- investigation, or re- visitation to any place of business for purposes of <br />enforcing the business license tax code or collecting any sum owing under the business <br />license tax code. <br />An estimated $5,000 in annual revenue will be generated from this fee. After an initial 3 <br />month grace period $3,750 will be generated over nine months. The fee is intended to <br />directly recover associated site visit costs. <br />15 <br />
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