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8I Consent 2021 0719
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8I Consent 2021 0719
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7/15/2021 4:33:34 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
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7/19/2021
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Reso 2021-117 Muniservices for Examination of Sales or Transactions and Use Tax Records
(Approved by)
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\City Clerk\City Council\Resolutions\2021
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three quarters,the city forfeits the right to recover <br />a portion of its misallocated sales tax with every <br />elapsed quarter that a reporting error remains <br />undetected. <br />MRC shall commence the enhancement audits within 10 <br />working days following authorization with the objective <br />of delivering the audit reports documenting the <br />errors/omissions detected within 90 to 120 working days <br />thereafter. <br />II.INFORMATION &CONSULTING SERVICES <br />MRC's audit,information and consulting services are <br />designed to assist San Leandro in developing and <br />implementing strategies and solutions for revenue <br />enhancement,maintenance and management.The ultimate goal <br />is to enable the City to achieve fiscal stability through <br />self-reliance. <br />A. STARS (SALES TAX ANALYSIS &REPORTING SYSTEM)REPORTS <br />Quarterly,MRC will provide the City with an updated <br />set of bound STARS reports (sample enclosed).The <br />scope of MRC's STARS reports includes,but is not <br />limited to,the following: <br />o Cleaning up,standardizing and automating data <br />from the city's sales/use tax distribution reports <br />provided by SBE for eight (8)previous quarters, <br />current quarter and each further quarter service. <br />This is done to provide two benchmark years in the <br />initial report to the City.Amounts for the most <br />recent quarter are included in each STARS report, <br />but are not used for benchmark purposes as many <br />accounts are incomplete due to late-paying <br />businesses. <br />777
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