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0 Prepare and forward to the appropriate parties "date of knowledge" requests for corrective action and revenue recovery . 0 Meet with designated City official(s) as necessary to review and discuss our findings and recommendations. 0 Provide additional assistance as necessary to support the City in recovering and preventing tax deficiencies. E. TIMING CONSIDERATIONS As previously indicated, there are time limitations on the City's ability to recover revenue it has been deprived of. The shortest time limitation is imposed by the SBE, which will only allow the City to recover misallocated sales/use tax for up to three quarters prior to the SBE being notified of the reporting error for a given account. Consequently, if a misallocating account has had its point-of-sale located in the City for more than three quarters, the City forfeits the right to recover a portion of its misallocated sales tax with every elapsed quarter that a reporting error remains undetected. For example, if the SBE is notified of a reporting error during the first calendar quarter Ganuary 1 to March 31) of 1993, the City may recover revenue that was misallocated in the second, third and fourth calendar quarters of 1992. If the SBE is not notified of the reporting error until the second calendar quarter (April 1 to June 30) of 1993, the City forfeits its right to recover revenue that was misallocated in the second quarter 1992. It behooves the City to have the enhancement audits for sales/use and the other tax revenue sources conducted as thoroughly and rapidly as possible. MRC shall commence the enhancement audits within 10 working days following authorization (unless otherwise instructed by the City) with the objective of delivering the initial audit reports documenting the errors/ omissions detected within 90 to 120 working days thereafter. By significantly accelerating the timetable for performance of the enhancement audits, MRC can maximize the City's income while minimizing the City's growing cost of lost revenue. ~"'__'..._,~__....,.."... '~". _.'_'_b__"< ~. __, ,'" _" .,...._._.~.. __..... ".._ ." '__'._' '~'." ._...._, '"'.'.~,___~~.'~"'_ ,·.·_".____.u__.~..~_."'".__.._..__"~~ ---r--------..-..