a.Each operator of a visitor accommodation facility shall, on or before the 15th day of each month, remit the full amount of taxes collected for the previous month with a completed return form provided by the City. Returns are timely if received on or before the 15th or if postmarked by the 15th. In the event that the due date falls on Saturday, Sunday or a holiday, the due date will become the first working day following the Saturday, Sunday or holiday. Failure of the City to provide a return form does not excuse the operator from the obligation to timely remit the tax pursuant to this Article.

b.The Finance Director may establish shorter reporting periods for any visitor accommodation facility if deemed necessary in order to ensure collection of the tax and may require further information in the return. The Finance Director may also require that an operator who is delinquent in payment of this tax be placed on a direct deposit system with taxes collected deposited directly into the City of Monterey’s bank account on a monthly, weekly, or daily basis.

c.All taxes collected by an operator pursuant to this Article are considered public monies and the sole and separate property of the City from the time of collection and shall be received and held in trust for the account of the City until payment is made by the operator to the Finance Director. (Ord. 3659 § 3, 2023; Ord. 3636 § 4, 2021; Ord. 3245 § 2, 1999)