Arizona Public Radio | Your Source for NPR News
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Lake Havasu City Hires Auditors to Oversee Business Taxes

Creative Commons

Officials in an Arizona city have hired an auditing firm to oversee local business taxes in a bid to collect more revenue.

Today's News-Herald reports the Lake Havasu City Council voted unanimously Tuesday to hire Albert Holler & Associates of Gilbert to ensure Havasu businesses are filing accurate and timely returns.

A city official predicts the move could find up to $130,000 in overlooked tax revenue without imposing additional burdens on business owners.

The city collected more than $12 million in total sales taxes in December 2018 compared to $10.7 million the previous year.

Under the terms of the contract, the auditing firm will receive $16,000 this year and an additional $60,000 in 2020.

Related Content