The vendor is required to provide from qualified consultant firms to provide the city with sales and use tax audits and reporting services
- The department is currently using a consultant firm that provides these services to assist with sales tax revenue reporting and auditing.
- Sales and use tax audits and reporting services:
• Detect, document, correct and recover errors/omissions/misallocations of sales and use tax revenue for the city.
• Provide the city with business-to-business use tax monitoring.
• Provide city staff with written sales and use tax reports on a quarterly basis, within 30 days following the receipt of the quarterly distribution report.
• The reports should at a minimum include:
1. Top sales tax generators ranked by the amount of sales and use tax produced.
2. Analysis of sales trends by business category, identifying by business the major increases and decreases each quarter.
3. Comparisons to other local, county and state jurisdictions.
4. Ability to report by geographic area.
5. Analysis of the city’s sales and use tax economic base and performance with a 10-year history.
6. Multi fiscal year sales and use tax forecast (at least 5 years) incorporating growth assumptions regarding future development within the city.
7. The forecast should include conservative, most likely, and optimistic scenarios.
8. Analysis of actual receipts and trends regarding the county pool and online sales
• Provide written updates on policy, regulatory and legislative actions or bills on a quarterly basis that can impact or materially alter sales and use tax revenue to the city.
• Provide consulting and set-up and lead quarterly meetings.
• Provide an electronic database of the city’s sales and use tax data to the city with the ability to export data.
• Assist with strategies to preserve and enhance sales and use tax generated by existing businesses within the city.
• Other written sales tax and use reports, and sales and use tax information and analysis, as mutually agreed upon.
- Contract Period/Term: 5 years
- Questions/Inquires Deadline: March 24, 2025
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