Title
Approve and authorize the Auditor-Controller to sign a Renewal and Amendment No. 5 to the Professional Services Agreement with Hinderliter, de Lamas & Associates, for the provision of sales and use tax recovery analysis and audit services, extending the Agreement one year, for a revised full term of July 1, 2019 to June 30, 2024 and adding $76,174 for a revised total contract amount of $389,105.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
Approve and authorize the Auditor-Controller to sign a Renewal and Amendment No. 5 to the
Professional Services Agreement with Hinderliter, de Llamas & Associates, for the provision of sales and use tax recovery analysis and audit services, extending the Agreement one year, for a revised full term of July 1, 2019 to June 30, 2024, and adding $76,174 for a revised total contract amount of $389,105.
SUMMARY:
The County Auditor-Controller's Office (ACO) provides oversight and coordination related to sales, use and transaction tax analysis and audits to ensure the County of Monterey receives its proper share of these revenues. For many years the ACO has contracted with Hinderliter de Llamas & Associates (HdL) for these services. HdL also provides ongoing data and analyses to support County staff in fiscal and economic planning and development. HdL represents most of the counties in California and the cities in Monterey County in this capacity. HdL actively interfaces with CSAC, SACA and Beacon Economics of California.
The cost for HdL services is a set cost of $7,200 per year plus 15% of all new and recovered sales, use and transaction tax revenue received by the County. The ACO does not anticipate the set cost to increase significantly. Due to the fluctuation of monies recovered by HdL, the ACO estimates recovery fees up to $100,000. However, actual costs vary each year, with any balance in the agreement carried forward.
The ACO is requesting the authorization of renewal and Amendment No. 5, ...
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