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Item 58 - Sales Tax & Use Tax and Transaction & Use Tax Revenue Record Examination, Auditing, Recovery and Consulting Services
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Item 58 - Sales Tax & Use Tax and Transaction & Use Tax Revenue Record Examination, Auditing, Recovery and Consulting Services
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
58
Date
6/21/2022
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Finance and Management Services <br />www.santa-ana.org/finance <br />Item # 58 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br />Staff Report <br />June 21, 2022 <br />TOPIC: Sales Tax & Use Tax and Transaction & Use Tax Revenue Record Examination, <br />Auditing, Recovery and Consulting Services <br />AGENDA TITLE: <br />Adopt a Resolution Authorizing Examination of California Department of Tax and Fee <br />Administration Sales and Transactions and Use Tax Records by City Employees and by <br />the City's Contracted Tax Reporting, Analysis and Recovery Services Consultant and <br />Approve Third Amendment to Agreement with MuniServices, LLC <br />RECOMMENDED ACTION <br />1. Adopt a resolution authorizing examination of California Department of Tax and <br />Fee Administration sales and transactions and use tax records by City employees <br />(designed by position title), and by the City's contracted tax reporting, analysis and <br />recovery services consultant, effective July 1, 2022. <br />2. Authorize the City Manager to execute an amendment to the agreement with <br />MuniServices, LLC beginning July 1, 2022 through June 30, 2024 for an annual <br />amount not to exceed $10,000 - covering the web -based reporting systems Sales <br />Tax Analysis Reporting System (STARS) and Geographic Revenue Information <br />Application System (GRIA); plus an annual Cost Price Index ("CPI") adjustment <br />not less than two percent (2%) or greater than four percent (4%); plus a 13% of <br />recovered sales tax of revenues over the life of the agreement, with a contingency <br />of up to $60,000 to cover other consulting services subject to non -substantive <br />changes approved by the City Manager and the City Attorney. <br />DISCUSSION <br />As of the most recent Third Quarter Budget Update for FY 2021-22 presented on May 3, <br />2022 to the City Council, the Sales and Use Tax (Bradley Burns) represents <br />approximately 16.33% of the City's total General Fund revenue, while Transaction and <br />Use Tax (Measure X) represents approximately 22.46% of the City's total General Fund <br />revenue. Sales Tax is levied upon retailers who sell tangible property in the State of <br />California. The Sales Tax is measured by gross receipts from retail sales. A Use Tax <br />complements the Sales Tax and is imposed on the storage, use, or other consumption of <br />tangible personal property purchased from any out-of-state retailer. The Use Tax is <br />measured by the sales price of the property and the rate is the same for both the Sales <br />
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