City Council Minutes 2012 06 19 - Laserfiche WebLink

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City Council Meeting Minutes June 19, 2012 Page 15 of 20 MOTION: Council member Dalton moved to approve Ordinance No. 1615, Series 2012 an ordinance amending wholesaling seconded by Council member Loo. Roll call vote was taken. The motion carried by a vote of 6-0. Absent: Councilor Jasiak. ORDINANCE No. 1616, SERIES 2012 — AN ORDINANCE AMENDING VARIOUS SECTIONS OF CHAPTER 3.20 OF THE LOUISVILLE MUNICIPAL CODE REGARDING SALES AND USE TAX AUDIT PROCEDURES; THE RECOVERY OF CERTAIN EXPENSES RELATED TO AUDITS, REFUND REQUESTS, AND ENFORCEMENT ACTIONS; THE FILING REQUIREMENTS FOR SALES AND USE TAX RETURNS; THE SALES TAX EXEMPTION FOR SALES FOR OUTSIDE DELIVERY; AND CERTAIN OTHER PROVISIONS CONCERNING ADMINISTRATION AND ENFORCEMENT OF THE CITY OF LOUISVILLE, COLORADO SALES AND USE TAX CODE —2nd Reading — Public Hearing (Advertised Daily Camera 06/10/2012) Mayor Muckle requested a City Attorney introduction. City Attorney Light read Ordinance No.1616, Series 2012. Mayor Muckle opened the public hearing and requested a staff presentation. Finance Director Watson stated the changes proposed by Ordinance No.1616 were approved by the Finance Committee on March 19, 2012 and presented at the May 8, 2012 City Council Study Session. The proposed changes can be categorized into four separate points: Expense Reimbursement - to allow for the reimbursement of City costs incurred to organize taxpayer records, review large amounts of refund claim data, perform off-site audits or to fulfill distraint warrant seizures. Outside Deliveries =in order to qualify for the sales tax exemption for items delivered outside the City, the seller must retain full ownership and liability for all items until delivered to a destination outside the City. Filing Requirements - requires every business in the City to remit use tax due on the same schedule as sales tax, including zero returns if they had no tax due for their particular filing period. This will reduce administrative cost in collecting those taxes. Assessments/Municipal Summons - provide the taxpayer additional information on how assessments are calculated and to add the issuance of a municipal summons as an enforcement tool. Council member Keany and Mayor Muckle confirmed Finance Committee agreed with these changes.