§ 605.190. Alternate Formula In The Event Of Dispute.

A. 

The alternate formula to be used in determining the average number of employees as contemplated in Section 605.160, in the event of dispute, shall be as follows:

Prevailing minimum wage x 40 hours x 52 weeks = average yearly pay

Average yearly pay divided into the total wages reported on Form W-3 (reconciliation of income tax withheld from wages) = average number of employees.

B. 

The prevailing minimum wage shall be the one in effect as set by the Federal Government under the "Minimum Wage Law" at the time of computing the license fee. Form W-3, herein referred to, is the U. S. Treasury Department, Internal Revenue Service Form and shall serve as the basis for total wages paid all employees (as defined in Section 605.020 of this Chapter) in determining the average number of employees paid by said business or manufacturer unless the applicant or licensee can prove to the satisfaction of the Finance Department that a fewer number of employees were paid.

R.O. 1996 § 605.190; CC 1968 § 11-34; Ord. No. 377 § 18, 12-28-1967