Revenue Recovery & Enhancement Services
Mission Statement
To provide:
• Compliance reviews on ordinances and agreements to recover lost revenues
• Identification, notification and assistance to prospective tax and fee payers and/or collectors in their compliance
• Feasibility studies in the adoption and amendment of utility taxes, franchise and user fees, and other revenue generating ordinances
• Utility billing verification on all utility charges
"Our main objective is to recover and enhance the local government revenues through compliance reviews, research, and feasibility studies, and to recover over billed utility charges for local governments through billing verification."
COMPLIANCE REVIEWS IN THE ASSESSMENT AND REMITTANCE OF TAXES AND FEES:
• Municipal utility tax ordinance on water, electricity, gas & fuel and telephone and telecommunications
• Franchise agreements based on City's right of way provided for water, electricity, telephone and telecommunications, natural gas and cable television
• Franchise agreements based on a non-exclusive collection and disposal of waste
• Concessions and lease agreements
• User fees and other revenue generating ordinances
• License and permit fees
Objectives
• Ensure accuracy and timeliness of remittances
• Determine proper application of revenues and credits allowed
• Prove accuracy of location and exempt codings of customers
• Determine the proper accounting methodology and reporting procedures consistent with industry standards
Procedures
• Prove accuracy of the tax and fee remittances to the City by examining Utility companies sales records in the billing of the tax and computation of the fee.
• Identify the revenues subject to the tax and fee and determine if properly included in the calculation.
• Determine credits allowed per ordinance and check if consistent with credits taken.
• Determine If customers within the jurisdiction are properly coded.
• Examine list of exempt accounts and determine proper application In accordance with federal and/or state statutes and ordinances.
• Compare accounting methodology with industry standards and determine inconsistencies
IDENTIFY, NOTIFY AND ASSIST PROSPECTIVE TAX AND FEE PAYERS
• Identify all providers and sellers of utilities subject to the tax and fee ordinances.
• Property notify the providers and sellers.
• Assist the providers and sellers In their compliance efforts
• Ensure that companies initiate to comply.
Objectives
• Ensure the compliance of all concerns to the ordinance
• Maximize revenues and increase future revenues
• Minimize or eliminate non-conforming companies
• Encourage compliance with other tax rules and regulation
Procedures
• Determine the type of providers under review
• Determine and contact the providers/sellers that are not complying
• Provide information and assist businesses in their compliance efforts.
• Compute the unpaid tax and fee due
FEASIBILITY STUDY IN THE ADOPTION AND AMENDMENT OF UTILITY TAX, FRANCHISE AND USER FEE, AND OTHER REVENUE GENERATING ORDINANCES
• Adoption of the Telecommunications tax
• Amendment of the public service tax
• Adoption of the Interim service fee
• Adoption of the storm water utility charge
• Adoption or amendment of right of way franchise ordinances
Objectives of feasibility study
• To determine the financial effects and reporting procedures for the proper compliance of the new ordinance under study.
Procedures
• Identify payers and customers affected by ordinance
• Determine revenues and proper definitions thereof
• Calculate and evaluate the cost and benefits of the ordinance
• Assist In the financial and compliance provisions of the ordinance, such as;
• Term or length of ordinance
• Reporting and due date
• Manner of payment
• Interest and/or penalty
• Right of audit and records location
UTILITY BILLING VERIFICATION
• Electricity and water
• Natural and bottled propane gas
• Telephone and telecommunications
• Cable television
• Garbage disposal and collection
Objectives
• Ensure accuracy of the charges, communicate the correct billing and obtain proper refunds.
Procedures
• Analyze bills periodically
• Determine billings validity
• Test billings calculation for accuracy
• Identify and determine improper charges
EXPERIENCE = SUCCESS
We comprise of well-qualified and experienced professional personnel who are certified by several national organizations. Our staff possess unique expertise and personal commitment to deliver quality service to our clients. With over ten years of performing compliance reviews for numerous cities and experience with various types of accounting and reporting systems of utility providers, we have an extensive history in providing our services. Our company is the only revenue compliance reviewer in the State of Florida.
PROVEN PERFORMANCE
Sizable recoveries from past reviews have enhanced many of our client's revenues. In addition, we have numerous contracts with other local governments which allows us to conveniently perform reviews on one utility provider for several cities and/or counties at a time. This approach seems to be well received by utility providers because it is more efficient and cost effective. Some clients experienced increases in their reviewed revenues as high as 67 percent,
Mission Statement
To provide:
• Compliance reviews on ordinances and agreements to recover lost revenues
• Identification, notification and assistance to prospective tax and fee payers and/or collectors in their compliance
• Feasibility studies in the adoption and amendment of utility taxes, franchise and user fees, and other revenue generating ordinances
• Utility billing verification on all utility charges
"Our main objective is to recover and enhance the local government revenues through compliance reviews, research, and feasibility studies, and to recover over billed utility charges for local governments through billing verification."
COMPLIANCE REVIEWS IN THE ASSESSMENT AND REMITTANCE OF TAXES AND FEES:
• Municipal utility tax ordinance on water, electricity, gas & fuel and telephone and telecommunications
• Franchise agreements based on City's right of way provided for water, electricity, telephone and telecommunications, natural gas and cable television
• Franchise agreements based on a non-exclusive collection and disposal of waste
• Concessions and lease agreements
• User fees and other revenue generating ordinances
• License and permit fees
Objectives
• Ensure accuracy and timeliness of remittances
• Determine proper application of revenues and credits allowed
• Prove accuracy of location and exempt codings of customers
• Determine the proper accounting methodology and reporting procedures consistent with industry standards
Procedures
• Prove accuracy of the tax and fee remittances to the City by examining Utility companies sales records in the billing of the tax and computation of the fee.
• Identify the revenues subject to the tax and fee and determine if properly included in the calculation.
• Determine credits allowed per ordinance and check if consistent with credits taken.
• Determine If customers within the jurisdiction are properly coded.
• Examine list of exempt accounts and determine proper application In accordance with federal and/or state statutes and ordinances.
• Compare accounting methodology with industry standards and determine inconsistencies
IDENTIFY, NOTIFY AND ASSIST PROSPECTIVE TAX AND FEE PAYERS
• Identify all providers and sellers of utilities subject to the tax and fee ordinances.
• Property notify the providers and sellers.
• Assist the providers and sellers In their compliance efforts
• Ensure that companies initiate to comply.
Objectives
• Ensure the compliance of all concerns to the ordinance
• Maximize revenues and increase future revenues
• Minimize or eliminate non-conforming companies
• Encourage compliance with other tax rules and regulation
Procedures
• Determine the type of providers under review
• Determine and contact the providers/sellers that are not complying
• Provide information and assist businesses in their compliance efforts.
• Compute the unpaid tax and fee due
FEASIBILITY STUDY IN THE ADOPTION AND AMENDMENT OF UTILITY TAX, FRANCHISE AND USER FEE, AND OTHER REVENUE GENERATING ORDINANCES
• Adoption of the Telecommunications tax
• Amendment of the public service tax
• Adoption of the Interim service fee
• Adoption of the storm water utility charge
• Adoption or amendment of right of way franchise ordinances
Objectives of feasibility study
• To determine the financial effects and reporting procedures for the proper compliance of the new ordinance under study.
Procedures
• Identify payers and customers affected by ordinance
• Determine revenues and proper definitions thereof
• Calculate and evaluate the cost and benefits of the ordinance
• Assist In the financial and compliance provisions of the ordinance, such as;
• Term or length of ordinance
• Reporting and due date
• Manner of payment
• Interest and/or penalty
• Right of audit and records location
UTILITY BILLING VERIFICATION
• Electricity and water
• Natural and bottled propane gas
• Telephone and telecommunications
• Cable television
• Garbage disposal and collection
Objectives
• Ensure accuracy of the charges, communicate the correct billing and obtain proper refunds.
Procedures
• Analyze bills periodically
• Determine billings validity
• Test billings calculation for accuracy
• Identify and determine improper charges
EXPERIENCE = SUCCESS
We comprise of well-qualified and experienced professional personnel who are certified by several national organizations. Our staff possess unique expertise and personal commitment to deliver quality service to our clients. With over ten years of performing compliance reviews for numerous cities and experience with various types of accounting and reporting systems of utility providers, we have an extensive history in providing our services. Our company is the only revenue compliance reviewer in the State of Florida.
PROVEN PERFORMANCE
Sizable recoveries from past reviews have enhanced many of our client's revenues. In addition, we have numerous contracts with other local governments which allows us to conveniently perform reviews on one utility provider for several cities and/or counties at a time. This approach seems to be well received by utility providers because it is more efficient and cost effective. Some clients experienced increases in their reviewed revenues as high as 67 percent,
Why Do Values Matter?
ReplyDeleteThe main benefit of knowing your values is that you will gain tremendous clarity and focus, but ultimately you must use that newfound clarity to make consistent decisions and take committed action. So the whole point of discovering your values is to improve the results you get in those areas that are truly most important to you.
Values are priorities that tell you how to spend your time, right here, right now. There are two reasons that priorities are important for our lives.
The first reason is that time is our most limited resource; time does not renew itself. Once we spend a day, it's gone forever. If we waste that day by investing our time in actions that don't produce the results we want, that loss is permanent. We can earn more money, improve our physical bodies, and repair broken relationships, but we cannot redo yesterday. If we all had infinite time, then values and priorities would be irrelevant. But at least here on earth, we appear to be mortal with limited life spans, and if we value our mortal lives, then it's logical to invest them as best we can.
You're free to decide what "best" means to you. The very idea that some possible permutations of your life appeal to you more than others means that knowing your values will be of great benefit to you. On the other hand, if any life you might live is as good as any other to you (whether prince or pauper, Olympian or obese, saint or sinner), then you can stop reading - you don't need this information. But most people can certainly envision lives that are more preferable to them than others.
The second reason priorities matter is that we human beings tend to be fairly inconsistent in how we invest our time and energy. Most of us are easily distracted. It's easy for us to fall into the trap of living by different priorities every day. One day you exercise; the next day you slack off. One day you work productively; the next day you're stricken with a bout of laziness. If we don't consciously use our priorities to stick to a clear and consistent course, we'll naturally drift off course and shift all over the place. And this kind of living yields poor results. Imagine an airplane that went wherever the wind took it - who knows where it would eventually land? And the flight itself would likely be stressful and uncertain.
So for these two reasons - limited time and a typically low index of distraction - consciously knowing and living by our values become extremely important. Values act as our compass to put us back on course every single day, so that day after day, we're moving in the direction that takes us closer and closer to our definition of the "best" life we could possibly live. The "best" is your own ideal, but generally as you get closer to this ideal, you'll enjoy increasingly positive shades of "better" even if you never reach "best." And this makes sense because many results in life exist on a continuum. There are some discrete entities like being married or not married, but your health, financial status, relationship intimacy, and level of happiness are generally continuous, meaning that they can gradually get better or worse. It seems reasonable that more health, happiness, wealth, intimacy, inner peace, love, etc. is better than less.
But here's the interesting part: Since our time is limited, and since it takes time to move along the continuum through the various "betters," we usually cannot instantly achieve the state of "best." We can't land our plane just yet - it's still in flight. Moreover, everyone has a different definition of what "best" means to them. For some people, good health is an absolute must.