TO: LINDA REICH, CITY MANAGER
FROM: ROB BURNS, DIRECTOR OF FINANCE
SUBJECT
title
Professional Services Agreement - Hinderliter, de Llamas and Associates (HdL).
end
RECOMMENDATION
1) Approve a Professional Services Agreement with Hinderliter, de Llamas and Associates in an amount not to exceed $140,000 annually for Sales Tax Audit and Information Services with up to two, one-year extensions; 2) approve an additional appropriation of $80,000 from the General Fund; and 3) authorize the City Manager to execute the necessary documents on behalf of the City.
body
FISCAL IMPACT
Requires an additional appropriation of $80,000 from the unappropriated reserves of the General Fund 100 to cover the additional services and tax recovery payments anticipated during FY 2024-25. There are sufficient reserves in the General Fund for this appropriation.
CITY OF CHINO MISSION / VISION / VALUES / STRATEGIC ISSUES
The recommendation detailed above further the City's values and strategic issues that serve as key pillars on which identified priorities, goals, and action plans are built, by fostering:
* Financial Stability
Revenue: Click or tap here to enter text.
Expenditure: 1003000-43515
Transfer In: Click or tap here to enter text.
Transfer Out: Click or tap here to enter text.
BACKGROUND
The City utilizes Hinderliter, de Llamas and Associates (HdL) for Sales and Use Tax Services and Transaction Tax Services. The services provided by HdL include the following main components: 1) sales tax collection reporting and analysis; 2) sales tax recovery from misallocations to other jurisdictions and 3) transaction tax audit, economic analysis/forecasting and related services pertaining to the voter approved Measure V on March 5, 2024.
The Adopted FY 2024-25 Budget includes $60,000 for normal ongoing services provided by HdL.
ISSUES/ANALYSIS
HdL currently serves over 400 clients (352 cities and 50 counties). HdL serves the majority of cities and counties in California. Thi...
Click here for full text