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5-3.07, 5-4.01 <br />of the organization's registration but no later <br />than ninety (90) days after the end of the <br />gambling license year. <br />5. Any licensed organization that changes <br />gambling managers during the license year shall <br />report such change in writing within seven (7) <br />days to the city clerk. <br />6. Each licensed organization shall remit to the <br />city each month three percent of the gross <br />receipts of the licensed organization from <br />charitable gambling within the city in the <br />previous month, less the cost of all prizes <br />actually paid out by the organization for that <br />month. Such remittance may be used by the city <br />only for the purpose of regulating lawful <br />gambling and any excess funds collected shall <br />be returned, pro rata, to the taxed organizations <br />annually by March 15 for the preceding calendar <br />year. <br />• <br />