MORELAND AND ASSOCIATES, INC. 1 - 2005

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Ms. Christine Calderon Treasury Manager City of Santa Ana January 19, 2005 Page 2 5. We will select ten registration cards from throughout the year and compare the information to the daily revenue summary or comparable document. 6. We will select up to ten exemptions claimed from throughout the year and verify that the hotel/motel has documentary support for the exemption as described in the City's TOT Ordinance. 7. We will reconcile bank deposits for the entire fiscal year to reported revenues. 8. We will reconcile annual revenues from the monthly revenue summaries to the Federal Income Tax Return, ifit is available. 9. We will prepare a written report describing the procedures performed and our findings. Each written report will also provide a recommendation regarding the expansion of our work to additional reporting periods. We have considerable experience in the application of agreed-upon procedures in connection with Transient Occupancy Taxes. We have applied the above procedures to all or some of the hotels/motels for the Cities of Barstow, Bell Gardens, Big Bear Lake, Burbank, Calistoga, Costa Mesa, Cypress, Escondido, Hawthorne, Laguna Beach, Laguna Hills, Long Beach, Manhattan Beach, Mission Viejo, Momovia, Monterey Park, Newport Beach, Pomona, Richmond, Santa Clara, Santa Fe Springs, San Mateo, Santee, Seal Beach, Solana Beach, Solvang, Sunnyvale, Temecula, Torrance, Tustin, and Yuba City. We have also provided these services to selected hotels, motels and resorts for the County of San Diego. Our fees for the application of the above procedures in connection with the two emergency audits will be $2,500 each, including out-of-pocket expenses. If you authorize us to expand our work based on our initial results oftesting, the additional work would be at the following hourly rates: Level of Work Performed Hourlv Rate Partner Manager Senior Accountant Assistant Accountant Clerical $125 100 75 65 30 Plus local transportation costs.