My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
25B - AGMT- HOTEL TAX COMPLIANCE SRVS
Clerk
>
Agenda Packets / Staff Reports
>
City Council (2004 - Present)
>
2016
>
10/18/2016
>
25B - AGMT- HOTEL TAX COMPLIANCE SRVS
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/13/2016 3:16:18 PM
Creation date
10/13/2016 3:14:23 PM
Metadata
Fields
Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
25B
Date
10/18/2016
Destruction Year
2021
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
78
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
reconciles, HdLCC processes the property data. Discrepancies between the Assessor's <br />and Auditor Controller's data are researched and reported to the City. <br />The Orange County Auditor Controller's website has a comprehensive battery of reports <br />that detail the remittances received by the City with each apportionment. HdLCC has <br />the ability to reconcile the receipts to the levy (calculated taxes to be received) and <br />point out areas of deviation of receipts between tax years. This analysis can assist a <br />City in budgeting where specific tax revenues may not be recurring or where receipts in <br />one year may be inflated or reduced due to one-time aberrations. <br />The identification of escaping revenue through the use of property tax data has been a <br />targeted focus for HdLCC during the past 10 years, With the reduction of tax revenues <br />through legislated ERAF, cities, counties, agencies and special districts have been <br />focusing on ways to increase the limited resources already stretched thin. The <br />unsecured roll contains property owners which, when matched with a business license <br />data set can be used to identify escaping revenues. For instance, property leased to <br />businesses in your jurisdiction is taxed to the lessor of the property. We find that <br />frequently, the lessors are not properly registered with a city business license. When <br />notified and properly licensed, these businesses will generate additional revenue for the <br />City. <br />The use of the secured roll will assist in identifying owners of rented residential, <br />commercial, or industrial properties that do not have a business license with the City <br />should one be required. <br />We currently have over 140 unique reports available that have been designed to help <br />inform our clients and assist them in explaining and illustrating trends and concepts to <br />other staff, City Council and the public. HdLCC will provide the following reports based <br />on the 2016-17 lien date rolls and will provide the reports annually, quarterly or <br />monthly as appropriate. Reports are also available from prior years if needed. These <br />Page 111 <br />25B-37 <br />
The URL can be used to link to this page
Your browser does not support the video tag.