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Agmt15 MuniServices, LLC License and Revenue
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Agmt15 MuniServices, LLC License and Revenue
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Last modified
8/6/2019 5:07:09 PM
Creation date
6/17/2015 9:31:49 AM
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Agreement
Contractor Name
MuniServices, LLC
PROJECT NAME
Business License Compliance and Revenus Enhancement Services
RMP File Number
304
Date
7/16/2015
MO Ref
15-084
Amendment
Yes
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by-month Triple Flip cash flow tracking model.The accuracy of the tracking model has been used to <br /> identify mistakes at the SBE and Counties in the handling of Triple Flip sales tax payments. The <br /> proprietary process provides a customized, accurate forecast. The forecast brings value to many <br /> different levels of management. <br /> 1. Finance can better estimate long term revenues for the City by reviewing year-by-year <br /> forecasts, the month-by-month sales tax and Triple Flip cash flow, the accrual models, <br /> clearly identified anomalies, one-time events, regional impacts and the option to run <br /> various growth scenarios. <br /> 2. Administration benefits from the information being able to communicate to city councils <br /> from items such as the summary pages showing prior performance and projected year <br /> forecasts for both the Bradley Burns local 1%and the Triple Flip-impacted cash collections. <br /> An additional summary page shows the adjustments by economic category and segments <br /> along with various accrual models providing valuable details on how the forecast is <br /> developed. <br /> 3. Economic Development benefits from the option to run scenarios based on future <br /> development,business retention,and economic health of the city and geographic regions of <br /> the City. <br /> Public benefits include a non-confidential summary page of City revenue information that can be <br /> used as the basis for City communications with the public about the economy impacting the City <br /> and provides transparency on how estimates are developed. <br /> Online Reporting Portal <br /> More robust analytics and reporting functionality will be available for the City through <br /> MuniServices' new online reporting portal. This new platform provides the City with dynamic <br /> information reporting and analytics,including the ability to develop ad hoc reports,within a secure <br /> environment. Our online reporting portal also offers the City: <br /> • Improved,user-friendly data visualizations,metrics,and dashboards <br /> • Access to intuitive,fast and immediate information <br /> • Up-to-date forecasting models using predictive analytics methods <br /> • Mobile availability to access data and reports to Smartphone, tablets, and other devices <br /> while on the go <br /> • State-of-the-art security functions and access controls that enable the highest levels of <br /> protection and safeguards sensitive taxpayer information <br /> Client Relations and Analysis Team <br /> In addition to the monthly and quarterly reports,MuniServices offers a dedicated team of analysts <br /> to research and evaluate specific questions from the City staf£In answering questions,we give the <br /> City a complete report,support and education resource.MuniServices'analysts are trusted advisors <br /> to the City's staff.As an always-available,experienced team,our analysts function as a go-to source <br /> for the City's special requests,research,analyses and customized reporting needs in across all <br /> services. <br /> ATTY/AGR/2015.101/MUNISERVICE LLC <br />
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