RECOMMENDATION(S):
APPROVE and AUTHORIZE the County Administrator, or designee to execute a contract with Hinderliter, de Llamas and Associates in amount of $425,000 for sales tax monitoring and information services for the period of July 1, 2017 to June 30, 2020.
FISCAL IMPACT:
The contract costs are based on two factors; a flat fee annually for sales tax information/technical assistance and 15% of all revenue received by the County as a result of a contractor's audit. Historically, the County has recovered substantially more revenues than the cost of this contract. (100% General Fund)
BACKGROUND:
Hinderliter, de Llamas and Associates (HdL) was founded in 1983 by Robert Hinderliter, a former finance director and city administrator of Commerce, California. Mr. Hinderliter developed California's first computerized sales tax management program and secured the legislation that allows independent verification of the State Board of Equalization's allocation of sales tax revenues to local governments.
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