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not benefit at all from audit corrections since any additional residual payments would <br />serve to reduce their State ADA payments. <br />Given these circumstances most cities and successor agencies do not opt for property <br />tax audits of former redevelopment project areas. For cities there are opportunities to <br />capture property tax revenue incorrectly going to jurisdictions outside the city as well as <br />former redevelopment project areas. Under these circumstances our audit services are <br />provided on a contingency basis as described below. For successor agencies the audits <br />will be performed as Additional Services with the timing and manner of payment to be <br />determined upon authorization to proceed. <br />c. ANALYSIS AND IDENTIFICATION OF MISALLOCATIONS <br />HcILCC has been auditing and monitoring property taxes for cities for 23 years. During <br />that time we have recovered more than $80 million of net property tax revenue for our <br />client agencies. Our ability to provide this service relies on information provided by <br />county assessors, auditor -controllers and tax collectors. We have limited success <br />auditing some counties, including Orange County, due to insufficient access to <br />necessary data. We have described below the limitations we face in complying with the <br />requirements of this request for proposal. <br />Secured Audits <br />Upon approval of the contract, HdLCC will perform an analysis of the Secured roll to <br />identify all parcels on the secured tax roll and verify that parcel assessed valuations and <br />the resulting taxes are correctly allocated to the City or Successor Agency. This <br />analysis is accomplished through the use of specialized computer software, assessor <br />maps, city maps, GIS maps, city records, other pertinent documents, and field <br />investigations. The review will include the lien date secured data for the 2016-17 tax <br />Page 1 14 <br />25B-40 <br />