(a) Each and every seller of electricity, gas, water, and fuel oil, in respect to sales
on which a tax is hereby levied, shall keep complete records showing all sales in
the city of such electricity, gas, water, and fuel oil, which records shall show the
price charged upon each purchase (showing as separate amounts the fuel adjustment
charge upon which no tax is collected and all other charges upon which the tax levied
hereby is collected), the date thereof and the date of payment thereof, and shall
during business hours on all business days be open for inspection by the duly authorized
agents of the city, who shall have the right, power and authority to audit, examine,
and make such transcripts of any and all business and/or sales records including those
records stored on computer software or otherwise kept by electronic means, in any
way pertaining to the sales, within the city limits during such times as they may
desire. It shall be the duty of the finance director or his designee to inspect the
records at least once every three (3) years in order to determine that the tax hereby
imposed and levied is being properly reported and paid to the city by each seller
of the service.
(b) Records not located with the municipal limits of the city must be furnished by the
seller to the city within fourteen (14) days of written. Should the seller fail to
comply with the written demand or notice, the city may authorize an agent or officer
of the city to conduct an audit at the location where said records are maintained
at the seller's expense.
