MUNISERVICES, LLC - #2018-120 - Laserfiche WebLink

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Raul Godinez II, City Manager April 24, 2018 Page 3 MuniServices has extensive experience in the state regulatory process, dispensary audits, and industry business activities including, but not limited to: • Ordinance evaluation, development and implementation • Administration • Compliance • Cultivation • Track and Trace • Transportation • Mobile Dispensaries • Storefront Dispensaries • Registration • Personal Use • Taxes Our specialized staff has the expertise to assist cities and counties to develop a comprehensive medical cannabis policy. MuniServices can provide technical support from the initial discussion stages to the final implementation process. We are experienced in helping to develop local ballot measures, drafting ordinances and estimating revenues and costs. Our medical cannabis audit staff was the first to complete dispensary audits for municipalities in Southern and Northern California. We have also been working with cities as they pursue voter -approved medical cannabis tax measures. MuniServices has performed nearly 50 compliance audits for California municipalities, including the cities of Cathedral City, Palm Springs, and Sacramento, with regard to medical cannabis dispensaries and cannabis tax levies thus providing us with the institutional knowledge on regulations, taxation, acquisition, cultivation, production and distribution of medical cannabis. Our experience in this industry, stemming back to Its infancy in local taxation, uniquely qualifies our firm to perform professional services to assist with implementation, development, optimization, and enforcement of local cannabis taxes and regulations. We understand that many businesses in this industry are typically heavily cash oriented, experience difficulties with banking due to conflicting federal laws, have inadequate internal controls, lack fluent audit trails, and have inadequate books and records and accounting systems. This requires auditors to adapt and develop audit techniques specific to the industry and make the primary focal points of the audits center upon probing for unreported income, inventory tracking, and reconstructing sales. The City will fully share in our knowledge and experience of this industry if it elects to do so. MuniServices' Strengths Include Experience: For nearly 40 years, MuniServices has provided revenue enhancement, administration, information, ordinance development, compliance auditing, to 1,000 municipalities and counties nationally, and has recovered over $2.4 billion in new tax revenue for its clients. This experience has provided MuniServices staff with an unmatched array of revenue enhancement skills, knowledge, and experienced gained from challenges we have overcome. MuniServices is the only revenue enhancement firm to offer services for all general fund revenue sources nationally and has a wealth of experience and presence in California.