§ 34-9. Financial statement; additional fee.  


Latest version.
  • A. 
    Within seven days after the conclusion of any license period, the authorized organization that conducted the games and the members who were in charge of such conduct shall furnish the Clerk a statement signed by the members in charge, affirmed by them as true under the penalties of perjury, showing the amount of the gross income from the conduct of such games of chance, the expenses incurred, as paid or to be paid, other than the prizes awarded for winning a game of chance, the name and address of each person the expenses were paid to or will be paid to, with a detailed explanation of the need for such expenditure, the description of the merchandise or service rendered, the net proceeds obtained from the conduct of the games and the uses for which said moneys have been used or will be used and a list of all prizes offered and given, with the values thereof. It shall be the duty of the licensee to maintain and keep all books and records that are necessary to verify the particulars of the financial statement rendered.
    B. 
    Upon filing said financial statement with the Clerk, the authorized organization shall pay to the Clerk, in cash or certified check, an additional license fee based on a percentage of the net proceeds for the period covered by the statement. The percentage rate shall be based upon a schedule which shall be established by the Board.