DATE: June 22, 2021
TO: Mayor and City Council
FROM: Director of Finance
SUBJECT
Adopt Resolutions Authorizing the City Manager to Execute Amendment #2 with MuniServices, LLC to Extend Sales Tax Analysis and Information Services and Execute a Novation Agreement Required by Sales and Use Tax Law
RECOMMENDATION
That Council adopts the attached resolutions (Attachments II and III) authorizing the City Manager to execute a contract amendment with MuniServices, LLC for sales tax analysis and information services and execute a novation agreement required by the California Department Tax and Fee Administration, validating the consultant’s name of MuniServices, LLC, and California’s Sales and Use Tax Law, Section 7056.
SUMMARY
The City engages with MuniServices, LLC to provide Sales and Use Tax Allocation Audits and Information Services (STARS), Utility Users’ Tax/Franchise Compliance and Revenue Protection (also known as UUT), Transient Occupancy Tax (TOT) Audits and Compliance, and Local Tax Compliance (LTC). Quarterly sales and use tax analysis reports are reviewed by the City and the Consultant to inform and provide analysis to the City of its top revenue producers, as well as shifts in the local, state, and national economy and legislation related to sales and use tax.
ATTACHMENTS
Attachment I Staff Report
Attachment II Resolution Executing Agreement Extension
Attachment III Resolution Executing Novation Agreement