San Francisco Administrative Code § 11.41 Audit Results

If an audit reveals that a Person has underpaid Franchise Fees owed in an amount equal to or exceeding five (5) percent of the Franchise Fees actually paid (excluding Franchise Fees deposited in an escrow account pursuant to Section 11.26 above), and the Gross Revenues of such Person exceed one million dollars ($1,000,000) within any twelve (12) month period covered by the audit, the cost of the audit shall be borne by the Person owing the Franchise Fees.

(Added by Ord. 58-00, File No. 000198, App. 4/7/2000)