Item Coversheet
 CITY OF PLANO
COUNCIL AGENDA ITEM
Council Meeting Date:  7/22/2019

Department:  Budget

Department Head: Karen Rhodes-Whitley

Agenda Coordinator:  Benjamin Petty

CAPTION


To approve an expenditure in the amount of $29,877 to MuniServices, LLC; and authorizing the City Manager to execute all necessary documents. Approved

FINANCIAL SUMMARY

 

Operating Expense


FISCAL YEAR:


2018-19

Prior Year
(CIP Only)

Current
Year

Future
Years


TOTALS

Budget

0

0

0

0

Encumbered/Expended Amount

0

0

0

0

This Item

0

-29,877

0

-29,877

BALANCE

0

-29,877

0

-29,877



FUND(S):  General Fund



 


COMMENTS:  This item approves payment of $29,877 to Muniservices, LLC. for recovering misallocated sales tax reimbursement owed to the City of Plano totaling $99,590. Per contract terms, Muniservices, LLC. receives 30% of recovered sales tax collections. 

SUMMARY OF ITEM


The City is exempt from the competitive bid process for this purchase as allowed by Texas Local Government Code Chapter 252 Subchapter B Section 252.022(a)(4). (City of Plano Internal Contract No. 2016-0388-X)

 

See Memo



Strategic Plan Goal:

Financially Strong City with Service Excellence

Plano Tomorrow Plan Pillar:

 


ATTACHMENTS:
DescriptionUpload DateType
Memo6/28/2019Memo