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Ocated within the City. Gross receipts are to be reported on a cash or accrual basis Renewal Year 1: Enter the total gross receipts for your business activities in the City and enter this amount on the Business Tax Renewal Form adjacent to Fund Class Code L188 in Col. D. 2: Subtract $60,000 from Line 1 and enter the result here. If Line 1 is $60,000 or less enter 0 here and complete items A and B below, otherwise, continue with Line 4. A: If Line 1 is $60,000 or less, take the am.

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