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[Checklist] Is your municipality missing out on critical tax revenue?
- 1. Revenue Reveal Checklist for Local Governments Scan our checklist to review the ways your municipality might be losing out on money. If you check at least one box, Azavar can help.
- 2. Have your municipal boundaries changed? Did you fail to see a commensurate revenue increase with your expansion? If that sounds familiar, you just might be missing out on miscoded properties.
- 3. Has your community added new homes and businesses? It could be that your new construction didn’t come with the revenue boost. Your taxes and fees may not be getting collected from these new locations.
- 4. Do you suspect you are overpaying for energy or telecommunications services? Maybe you’ve compared notes with other local finance leaders, or perhaps you’ve watched bills tick up over the years, but you just don’t have the team needed to discern what rates you should be paying.
- 5. Do you receive franchise fees from utilities, but don’t know if they’re accurate? You wouldn’t be the first municipal leader to be stumped by these inscrutable payments— in fact, utility companies and their lobbyists design them to be overly complicated and confusing.
- 6. Do you suspect USPS address data doesn’t reflect the right community? This happens all the time, where the postal service uses ZIP codes to assign mailing addresses to one community when they are really located in another. That data gets used by utility providers to collect and allocate taxes and fees away from you.
- 7. Are you earning every penny from complex cable agreements? There are a lot of different ways you might be losing out on revenue if you’re not looking at gross operating revenue, including supplementary spending from areas such as advertising and home-shopping channel purchases.
- 8. Do you know if all businesses are remitting taxes equitably? As industries evolve, new players come into the market and change how business functions and invariably expose loopholes in your tax collection efforts. Level the playing field for your business community while gaining incremental revenue for your community.
- 9. Does your team find it impossible to stay on top of short-term rentals? Some communities still lack ordinances around short-term rentals that generate taxes or fees, but even those that do have trouble managing the many different online platforms that offer short-term rentals.
- 10. Do you have a dedicated resource skilled in the intricacies of lodging data on staff? Don’t worry—very few municipalities do. But hidden in these facts and figures is lost revenue from incremental charges and fees, misreported exemptions and other issues.
- 11. Are you able to catch every remittance error? The answer is: no, of course not. Because you’re only human and only have so much time and so many staff. Every municipality loses money due to errors.
- 12. For questions or inquiries, contact an Azavar representative by email sales@azavar.com or visit us at www.azavar.com