The city's finance director shall keep an accurate accounting and reporting of impact fee collections and expenditures within the city. The city shall retain up to three percent of the impact fees collected to offset the costs of collecting the impact fees and administering the provisions of this article. Audits of the city's financial statements which are performed by a certified public accountant pursuant to F.S. § 218.39, as amended, that are submitted to the auditor general must include with the submittal an affidavit signed by the finance director stating that the city has complied with F.S. § 163.31801, as required by F.S. § 163.31801(8).

(Ord. No. 3588, § 1, 10-3-2011; Ord. No. 5128, § 3(Exh. A), 10-23-2024)