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8R Consent 2015 0908
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8R Consent 2015 0908
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Last modified
6/5/2019 9:40:48 AM
Creation date
9/2/2015 11:56:29 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
9/8/2015
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PERM
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_CC Agenda 2015 0908 CS+RG
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2015\Packet 2015 0908
8C Consent 2015 0921
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2015\Packet 2015 0921
Ord 2015-010
(Reference)
Path:
\City Clerk\City Council\Ordinances\2015
Reso 2015-156
(Reference)
Path:
\City Clerk\City Council\Resolutions\2015
Reso 2015-157
(Reference)
Path:
\City Clerk\City Council\Resolutions\2015
Reso 2015-158
(Reference)
Path:
\City Clerk\City Council\Resolutions\2015
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City's coordinator and define logical checkpoints <br />for reviewing the project's progress. <br />O Represent the City for the purpose of examining <br />records pertaining to sales/use tax, in order to <br />identify and confirm errors/omissions that are <br />resulting in deficient payment to the City. <br />O For each error/omission identified and confirmed, <br />prepare documentation to substantiate and <br />facilitate recovery of revenue due from prior <br />periods (plus applicable interest and penalties) <br />and prevent recurring deficiencies in current and <br />future years. <br />O Prepare and forward to the appropriate parties <br />"date of knowledge" requests for corrective action <br />and revenue recovery. <br />O Meet with designated City official(s) as necessary <br />to review and discuss our findings and <br />recommendations. <br />O Provide additional assistance as necessary to <br />support the City in recovering and preventing tax <br />deficiencies. <br />C. TIMING CONSIDERATIONS <br />As previously indicated, there are time limitations on <br />the City's. ability to recover revenue it has been <br />deprived of. <br />The shortest time limitation is imposed by the SBE, <br />which will allow the City to recover misallocated <br />sales/use tax for up to three quarters prior to the SBE <br />being notified of the reporting error for a given <br />account. Consequently, if a misallocating account has <br />had its point-of-sale located in the City for more than <br />
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