TO: Honorable Mayor and Members of the City Council
FROM: Paul Young, Finance Director
SUBJECT:
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A Resolution Authorizing Examination of Transactions & Use Tax Records, & Agreement with Hinderliter, De Llamas, & Associates (HdL)
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RECOMMENDED COUNCIL ACTION:
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1. Adopt Resolution No. 17-2026 authorizing HdL to examine transactions and use tax records, and
2. Authorize the City Manager to sign the agreement for transactions tax audits & information services with HdL.
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SUMMARY:
As a result of the passage of Measure S, HdL needs a new agreement to provide transactions and use tax updates and audit services, relating to the new one-cent sales tax. The attached resolution and agreement allow HdL to provide these services.
PREVIOUS COUNCIL ACTION:
On August 19, 2003, the Council approved Resolution 45-2003, Authorizing HdL to examine sales and use tax records for the one-cent sales tax collected for the City.
On January 06, 2015, the Council approved Resolution 2-2015, Authorizing HdL to examine sales and use tax records for the quarter-cent sales tax collected for the City.
DISCUSSION:
As part of the required documents for implementation of the new sales tax, the California Department of Tax and Fee Administration will need an updated Resolution for Examination of Confidential Records. An update to our contract with HdL will also be required to complete this request.
As stated in the attached agreement, HdL charges the City an increase of $300.00 per month for adding the new street sales tax to their quarterly updates to the City. Additionally, HdL will charge 25% of audit recovery amounts for the new sales tax.
CITY FISCAL IMPACT:
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ATTACHMENTS:
1. Agreement for transactions, tax audit & information services
CITY COUNCIL RESOLUTION NO. 17-2026
A RESOLUTION OF THE CITY OF RED BLUFF
AUTHORIZING EXAMINATION OF TRANSACTIONS AND USE TAX RECORDS
WHEREAS, on June 0...
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