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HomeMy WebLinkAboutMinutes - November 16, 1999 SS253 CITY OF LODI INFORMAL INFORMATIONAL MEETING "SHIRTSLEEVE" SESSION CARNEGIE FORUM 305 WEST PINE STREET TUESDAY, NOVEMBER 16, 1999 An Informal Informational Meeting ("Shirtsleeve" Session) of the Lodi City Council was held Tuesday, November 16, 1999 commencing at 7:20 a.m. ROLL CALL Present: Council Members — Hitchcock, Mann (left at 7:55 a.m.), Nakanishi, Pennino and Land (Mayor) Absent: Council Members — None Also Present: City Manager Flynn, Deputy City Manager Keeter, Economic Development Director Goehring, Community Development Director Bartlam, Finance Director McAthie, City Attorney Hays and City Clerk Reimche Also in attendance was a representative from the Lodi News Sentinel and The Record. TOPIC(S) 1. Sales Tax Presentation ADJOURNMENT No action was taken by the City Council. The meeting was adjourned at approximately 8:10 a.m. ATTEST: Alice M. Reiei men e City Clerk City of Lodi November 16, 1999 Sales Tax - Since 1933 • Imposed only on tangible personal property • Levied only when sold to the ultimate consumer • One cent to jurisdiction where sale is negotiated or where order taken (1955) 1 Use Tax - Since 1935 • Out of state purchases • Long term equipment leases • Materials consumed by contractors • Private party sale of vehicles, vessels, aircraft • One cent allocated by ratio of sales to other jurisdictions in pool (1955) Common Errors • Multiple outlets reported as one location • Miscoded to corporate or accounting offices • Reported as "use tax" rather than "sales tax" • Misallocated to previous addresses • Transposition and miscoding errors • Zip code, boundary, or other jurisdictional confusion 2 Lodi/HdL Contract Misallocated Revenue recovered Since 4th quarter, 1987 $ 1,02811760 Total audit fees $ 92,845 Total service fees $ 51,000 $ 143,845 *Return on investment to Lodi 715.2% 3 'FtW 011.7 OF LODI IlV.ar rww_ �• "�'•'� MAJOR BUSINICSS GROUPS - I l YEAR HISTORY Clwn N.wµx.' Tu.N.n.�]wrN. rlwvMrrMyw /.wrn Owyre.niY r�M..rr.l. •r.�s W.. wl... 11•.pev 14)~. N Iw. �.®H./lI'• er.trwF.�.l....w. NwM�. n.1.111u...M:w �YW�ielri •w• � � •aaM EMS .J..� �M r NJ., ♦. ® ®®i�..� r l� eq /�L_ •+i IMMEMEEMEM NNM♦.VJLA.n.w.v. ��'{�r� �.r411q�P^" f a' •••• cwn-s. ���YIY.r✓r� �IIiS� _ w l� a'♦ a (. r �� a � •�� 1 a a � a a l a �� I .• w' w m . &uw THE CffY OF LODI GEO AREA COMPARISONS -11 YEAR HISTORY se.ec]..a..t.. I:.MM.iwl�r M�'114K.iae Os.a IA {i..ediWl M.•M 4 CITY TO STA rE COMPARISON f.A[J?IOAR YP R14M TIM CITY OF LOM IidL CLIENT DATABASE STATEWIDE TOTALS Future Sales Tax Issues Narrowly imposed tax- too many exemptions • Cash box zoning • E-commerce 5