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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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accounts for up to four years,(2)a <br />computerized analysis of the changes that <br />occurred by economic category and by business <br />sector with the specific businesses that made <br />the major contribution to the change <br />delineated;and (3)an analysis by magnitude <br />of change indicating which key businesses <br />grew or declined,measured in absolute <br />dollars and percentages. <br />Quarterly aberrations due to SBE audits,fund <br />transfers and other causes are also <br />identified and analyzed for budget planning <br />and revenue forecasting purposes. <br />Major (and Top 100)Sales Tax Producers. <br />Sales tax performance of the top 100 sales <br />tax accounts is shown in order of sales tax <br />produced with the results for the last five <br />quarters prominently displayed.The <br />proportion of City sales tax produces is also <br />shown by each account. <br />Sales Tax Accounts by Business Code.This <br />report shown the various business codes <br />assigned by the SBE and the accounts assigned <br />those codes in order of sales tax produces. <br />Five quarters of sales tax data are shown for <br />each account.The City may select the cut- <br />off level of this report (i.e.,all accounts <br />or just accounts that produce over a certain <br />amount per year).Misclassified sales tax <br />accounts are corrected to make the report a <br />true reflection of the sources of the City's <br />779
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