1997 AGN APR 01 I08 - Laserfiche WebLink

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. .. . .... ... _ ._.. . ... ..... .:.__. __,_ , ...._ .... . ...... . :. . __ .. Lance �r�Fo ; Sol l &- ��.8� Lungfi�ard \��vr,",vrs � fl��leZ - .Asset Seizur� Functs ' ` :: . �ir l2ua�ity Management Disti�ct Funds Gr�ss Receipt�Audi#s , _ _ W� hav�' con�iueted this type.of revie�v for the City of Cflsta :1VSesa w�ien they were a ciient. Ti�is review related to th�ir golf caurse operation iviiich was c�perated �y a concessionaire. �s a resuit of our reviev�, legal a�tic�n was instituted . against the _ conc�ssionaire to recover unreported amounts: Last year, we perfarmed a gross receipt _ lessee audit for a City on its baseball stadium lease operation.. �s a result of this-audit, the lease has beei� renegotiated with the team to pr��ide more revenue to the City. Franchise Audits Mt�st of flur citaes wi�iie granting franchises have not r��uired a�t�its of th�se operatians. ' : However; we have perfarmed franc3�ise audits fflr the El 1Vlonte Cable'T'V Carporation '', which �i�taiIs a fina�cial audit of the cable TV op�ration and gives the City a view of j where #he funds are sper�t; etc. Addi#i�nally, one �f our cities is considering h3ving us i audit rock e�raction fees under franehises granted to rack r�uarry op�ra�ions. �inally, while not specifically franchise audits, iv� have conducied several transient occupancy tax audits flf hotels and motels ft�r our c�ients. Busin�ss �.:ice�se fiax W� have e�rt�nsive e�erience performing Trans�ent �ccupancy T� Audits. Some of the cities for �,vhich we have pro�ded this servic� ar� as follo�: Arcadia ` : Bell '. . 1l�iaywoc�d El Segundo San Gabriel �I�st �t�l�� . ;� �-. .: These audits i�volve reviewirig th� hotel's records and agreeing them with repflrts filed = �ith the cities when the occupancy tax was paid.- In addition; we reviewed the hotel,s int�rnal controls over �the room r��eipts and exemptions. The hoteis we revieu�ed rang� fro� small ic�cai m�t�ls to big national chain hotels. Su�stantiai recovery af at�erwise lost 'Transient Occupancy Tax were r�alized by certain cities as a result of our audit. 17 : , _ � , , i ,- < - � , i,.r � i