If the Finance Director or his designee, upon investigation and audit or upon checking returns, finds that the tax paid is more than the amount required to be paid, he shall, upon request of the person collecting the tax, refund the amount overpaid by warrant upon the General Fund, or credit the amount against any tax due or to become due from such person collecting the tax hereunder. If the Finance Director or his designee finds that the tax paid is less than required, he shall send a statement to the person collecting the tax showing the balance due, who shall, within ten (10) days of the receipt of the statement, pay the amount shown thereon. Penalties and interest shall be assessed pursuant to 3.16.025 of this chapter beginning on the eleventh (11th) day after the statement is dated according to the schedule set forth in 3.16.025 of this chapter. (Ord. 1146, 1984)