HDL COREN & CONE (2) - Laserfiche WebLink

Home Browse Search

• The final tax ratio percentages are available from the auditor controller's office annually in February/March. Final reports will be prepared and delivered electronically prior to the end of April annually. • Preparation of a one and five year General Fund Revenue Spreadsheet to assist the City in its budgeting process will be provided annually in early February. Reviews of Successor Agency revenue allocations and residual revenue distributions will be conducted as requested by the City/Successor Agency. E. SCOPE OF WORK AND TIME OF PERFORMANCE Secured and Unsecured Property Tax Rolls 1. SOURCE OF REVENUE The secured and unsecured roll data is available annually from the County Assessor in July/August. The lien date rolls are reconciled to the certified value reports received by the City from the Auditor Controller in August and after verifying that the data reconciles, HdLCC processes the property data. Discrepancies between the Assessor's and Auditor Controller's data are researched and reported to the City. Annually, after the lien date roll becomes available, HdLCC will establish a special database which within the City boundaries, the assessed values, for the secured and unsecured property tax rolls. HdLCC furnishes a variety of reports detailing property and revenue trends for the entire City and for custom defined geographic areas. These reports can be used for budgeting purposes, planning, economic development and public information. Among the reports available are top 25, 50, 100-property owner/taxpayer listings, owners of multiple properties, non -owner occupied parcels, pre -Prop 13 properties, identification of property ownership transfers by use type and completed construction projects for tracking of reassessments. We also provide the City with quarterly reports of pending assessment appeals and quarterly sales transaction and trending analyses. Page 113