A. Effective date. These administrative rules and regulations (“Finance rules regulations”) are effective upon publication as required under 1-18-3 of the municipal code.
B. Authority and purpose. These regulations are issued by the department of Finance of the Town of Breckenridge per authority of the municipal code. These regulations elaborate on the requirements of the code and are intended to address the additional criteria governing the Town’s Finance department. These Finance rules and regulations supersede and terminate any and all prior Finance rules and regulations, included but not limited to, rules and regulations pertaining to the Real Estate Transfer Tax (RETT), the Business and Occupational Tax (BOLT) and/or Accommodation Unit Licenses.
C. Background. These rules and regulations supersede and replace any and all regulations of the Department of Finance promulgated prior to the effective date of these rules.
D. Interpretation. These Finance rules and regulations are officially promulgated by the department of Finance and have the force and effect of law and are not intended to conflict with title 4 of the municipal code. In the event there is a conflict between these regulations and the ordinance, the ordinance shall control. As used herein, Finance director shall mean the Director of the Department of Finance or their designee.