Cost Summary Table
Service Provided Per Unit Cost
Business License Tax $18 per business
Commercial Parking Tax $950 per commercial parking business (including audit) Transient Occupancy Tax (TOT) $950 per business (including audit) TOT and Commercial Parking $1,500 per business which does both Sales and Use Tax Services $750 per month
One-Time Setup Fee $5,000
Each year, costs per business will increase based on the Consumer Price Index (CPI).
Additionally, as more businesses are brought into compliance, total costs will rise; however, the corresponding increase in revenue is expected to more than offset these expenses.
For contingency-based services, HdL will charge:
• 40% of recovered BLT revenue
• 25% of TOT and parking tax collections
• 15% of recovered sales tax revenue