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<br />SALES/USE TAX ANALYSIS & REPORTING SERVICE (STARS) ADDENDUM <br /> <br />OBJECTIVES AND METHODS <br /> <br />MuniServices' STARS Digest provides a general analysis regarding statewide trends that may affect the <br />City's sales tax plus a specific analysis of the City's sales tax composition, changes and performance. The <br />STARS Digest also includes the Quarterly Management Summary and specialized reports that analyze <br />the City's sales tax economic base and performance for the latest complete quarter and benchmark <br />year. <br /> <br />TIMING & REPORTS <br /> <br />MuniServices shall: <br /> <br />CJ Provide the City with quarterly updated STARS Digests. <br /> <br />CJ Install the STARS Query System on a City designated PC <br /> <br />CJ Update quarterly the City's sales tax registration and allocation data from the State Board of <br />Equalization {SBE} from MuniServices' proprietary STARS Query System on IBM compatible <br />PCs with Microsoft Access export capacity. {note: STARS is encrypted} <br /> <br />CJ Train authorized City staff in the use of the STARS Query System. <br /> <br />QUARTERLY STARS DIGEST <br /> <br />MuniServices will provide the City with quarterly updated bound STARS Digests including accounts from <br />which the City receives sales tax revenue. The primary reports included in the STARS Digest are: <br /> <br />CJ Allocation Summary - Reconciles SBE advances, cleanup payments and pool <br />allocations with budget projections to assist the City with revenue forecasting and <br />receipt monitoring. <br /> <br />CJ Cash Analysis - Quarterly aberrations due to SBE audits, fund transfers, and other causes are <br />also identified and analyzed for budget planning and revenue forecasting purposes. <br /> <br />CJ Top 100 Five-Year - Historical performance of the top 100 accounts comparing current <br />benchmark year ranking and sales tax produced with that of prior years. <br /> <br />CJ Top 100 Detail - Sales tax performance of the City's top 100 sales tax accounts is shown in <br />order of sales tax produced with the results for the most recent five quarters prominently <br />displayed. The proportion of City sales tax produced is also shown by each account. <br /> <br />CJ Economic Category Performance - An analysis of the changes that occurred by economic <br />category and segment with the specific businesses responsible for the significant changes <br />delineated. <br /> <br />CJ Significant Change Analysis - A report reflecting magnitude of change, indicating which key <br />businesses grew or declined, measured in absolute dollars and percentages. <br /> <br />CJ Business Code Classification - This report shows the various business codes assigned by the <br />SBE and the accounts assigned those codes in order of sales tax produced. Five quarters of <br />sales tax data are shown for each significant account. <br /> <br />STARS1-071707vl <br /> <br />7 <br />