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Confidentiality and Revenue Trends

Confidentiality and Revenue Trends. By Elaine Smith Arizona Department of Revenue Office of Economic Research and Analysis February 18, 2010. Topics to be Covered. Confidentiality Current Status of State Transaction Privilege Tax and Income Tax and their impact on Revenue Sharing

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Confidentiality and Revenue Trends

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  1. Confidentialityand Revenue Trends By Elaine SmithArizona Department of RevenueOffice of Economic Research and Analysis February 18, 2010

  2. Topics to be Covered • Confidentiality • Current Status of State Transaction Privilege Tax and Income Tax and their impact on Revenue Sharing • State TPT by major component with a look to the future

  3. Confidentiality • Cities • Counties

  4. Confidentiality In this information age, people, from both inside and outside of our own organizations want data, data, data. They want it ALL and they want it NOW.

  5. Confidentiality By the way, is that available electronically? Or, Why don’t you put that on your website?

  6. Confidentiality How can we respond to those questions and stay within the rules?

  7. Confidentiality Only authorized city/county employees may have access to confidential data. Each employee authorized must agree to follow the confidentiality guidelines.

  8. Confidentiality Anyone with access to taxpayer data cannot disclose information to the public in any manner that does not comply with confidentiality standards

  9. Confidentiality RULE OF TEN Statistical information derived from confidential information may be disclosed if it does not reveal confidential facts attributable to any one taxpayer. On a statewide basis, no statistical information may be released that contains information from fewer than three taxpayers in a grouping. For an areas that is less than state level (county or city), data from at least ten taxpayers must be in a grouping.

  10. Confidentiality We can perhaps offer an option for cities/counties who would like to release details about their collections or post them on-line.

  11. Confidentiality

  12. Confidentiality

  13. Confidentiality • What is the penalty for release of confidential information? • Individuals who receive confidential tax information from DOR are subject to criminal penalties imposed by A.R.S. §42-2004 if they misuse or improperly disclose this information to unauthorized individuals.

  14. Confidentiality • Penalty for release of confidential information (cont.) • Any release or use of confidential information contrary to the terms of the IGA will result in the immediate suspension of any rights of the city or town to receive taxpayer information. The length of the suspension depends on a review of the specific situation.

  15. Current Status of Tax Revenue

  16. Tax Revenue, current status

  17. Tax Revenue, current status

  18. Tax Revenue, current status TPT City and County Revenue Sharing FY10 over FY09

  19. Tax Revenue, current status FY10 Net Income Tax Collections are currently 15.7% below FY09 Collections, with five more months to go. These collections will impact the FY12 Urban Revenue Sharing distributions

  20. Tax Revenue, current status Expectations for FY11 Revenue Sharing • TPT Revenue Sharing 5% • URS (from FY09 Collections) 24.6%

  21. TPT Major Components

  22. Retail TPT

  23. Retail TPT

  24. Retail TPT

  25. Retail TPT

  26. Contracting TPT

  27. Contracting TPT

  28. Looking for Feedback • Would it be better for you if DOR posted municipal TPT collections on the azdor.gov website? • Will that help/hurt cities? • How should we deal with anomalies? • Who should answer questions when they come up? • What about county collections?

  29. Questions?

  30. Contact Information • Contact Information • Elaine Smith – Senior Economist Arizona Department of Revenue Office of Economic Research & Analysis Email: esmith@azdor.gov Phone: 602-716-6924

  31. Additional Contact Information Department of Revenue website: www.azdor.gov Municipal privilege tax: Kathleen Jacksonkjackson@azdor.gov County excise taxes: Elaine Smithesmith@azdor.gov County and city revenue sharing: Elaine Smith esmith@azdor.gov TPT Licenses: DOR License and Registration www.azdor.gov, 800-843-7196

  32. Additional Contact Information • Tax base estimates: Elaine Smithesmith@azdor.gov • Levy Limits: Darlene Teller dteller@azdor.gov • Expenditure Limits: Diane Sosinskidsosinski@azdor.gov

  33. Additional Contact Information • Bonded Indebtedness • Cities Darleen Tellerdteller@azdor.gov • Counties Karen Jacobskjacobs@azdor.gov , or Elaine Smithesmith@azdor.gov

  34. Additional Contact Information License Compliance Services: Peggy Creamer pcreamer@azdor.gov Property tax services: Property Tax Division 602-716-6843

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