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AGENDA ITEM REVIEW FORM |
2.B.
Work Session
- Meeting Date:
- 06/05/2019
- Department Head:
- Monica Castro
- Submitted By:
- Monica Castro, Director of Finance, Finance Department
Action Requested:
Discussion Item - No Action to be Taken
ITEM:
Discussion and possible directions to staff on any and all matters regarding an Intergovernmental Agreement between the City of San Luis and the City of Phoenix to access Transaction Privilege Tax data supplied by the Arizona Department of Revenue. (Monica Castro, Director of Finance)
SUMMARY:
The city of Phoenix has a reporting tool available for cities and towns to view Transaction Privilege Tax (TPT) information in a format not available to Arizona Department of Revenue (DOR). This Business Intelligence (BI) tool allows users to drill down, sort, filter, in addition to other valuable features. Having this information available in this format will allow us to better investigate and analyze the revenues coming in from the taxable businesses in our community.
RECOMMENDATION / SUGGESTED MOTION:
Discussion and possible directions to staff only, no action.
Fiscal Impact
- IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
- Yes
- CITY/STATE/FEDERAL FUNDS:
- City
- TOTAL:
- $2,000.00
- BUDGETED AMOUNT:
- N/A
- AVAILABLE AMOUNT TO TRANSFER:
- $2,000.00
- ACCT NAME & GL#/REMAINING BALANCE BEFORE PURCHASE:
- 100-750-70025 $670, 100-135-80000 $670 100-120-80000 $660
FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):
These reporting will benefit Fiannce, Billing and Collections and Economic Development. Accordinly all three departments have agreed to contribute part of the cost so that we can implement this tool before the end of the fiscal year. Afterwards there is an annual maintenance fee of $300.