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IFTA, INC. STRATEGIC PLAN

IFTA, INC. STRATEGIC PLAN. Vision Statement. The model organization striving for full partner cooperation and member compliance. Mission Statement.

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IFTA, INC. STRATEGIC PLAN

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  1. IFTA, INC. STRATEGIC PLAN

  2. Vision Statement The model organization striving for full partner cooperation and member compliance.

  3. Mission Statement To foster trust and cooperation among the jurisdictions through efficient and effective planning and coordination and oversight of activities necessary to administer the International Fuel Tax Agreement for the betterment of the members and our partners.

  4. IFTA’s Strengths • Jurisdictions have few fears regarding receipt of tax revenues • Industry support • Good governing documents • Financially sound

  5. IFTA’s Opportunities • Clearinghouse – paperless transmittals and funds netting • Partnering with IRP and other governmental units • Strengthen committees • Increase enforcement • Pursue federal funding

  6. IFTA’s Threats • Court decision that determines IFTA practices unconstitutional. • Jurisdiction action that contradicts IFTA. • Alternate fuels which complicate taxation.

  7. Goals • To promote confidence and stability through partnerships between jurisdictions, industries, and other governments. • To continuously plan, manage, and review IFTA, Inc.’s existing resources and new opportunities to ensure that organizational purposes are achieved. • To meet the needs of customers and stakeholders by utilizing technology.

  8. Goals cont. • To enhance confidence in the agreement by assertively pursuing enforcement and compliance. • To expand the knowledge base regarding IFTA through education and awareness.

  9. To promote confidence and stability through partnerships between jurisdictions, industries, and other governments. • Develop joint IFTA-IRP compliance reviews • Combined Audit Workshop with IRP • Participation on the NAFTA Working Group

  10. To continuously plan, manage, and review IFTA, Inc.’s existing resources and new opportunities to ensure that organizational purposes are achieved. • Complete a 5 year budget • Establish a minimum cash reserve • Monitor operations to ensure not-for-profit status • Pursue innovative funding sources • Review IFTA, Inc.’s staffing needs to achieve goals • Create contingency plan for business disruptions • Create succession plan

  11. To meet the needs of customers and stakeholders by utilizing technology. • Created the Information Technology Advisory Committee (ITAC) • Funds netting through the Clearinghouse • Research and evaluation by Clearinghouse Advisory Committee • Identify technology opportunities • Identifying new ways to utilize the IFTA Web site

  12. To enhance confidence in the agreement by assertively pursuing enforcement and compliance. • Promote enforcement through creation of a Marketing Plan • 1-1-07 Roadside Enforcement Definition added to Articles of Agreement • Make contact with person in each jurisdiction responsible for enforcement issues • Populate IFTA Clearinghouse with DOT Numbers • Develop Best Practices Guide • Include enforcement in the IFTA Agreement • Develop standards to include in the Program Compliance Reviews • Include in the Annual Report

  13. To expand the knowledge base regarding IFTA through education and awareness. • Promote Education & Awareness • Develop Best Practices Guides • Use website as educational tool • Enhance the Annual Report and exemption databases on IFTA Web site for clarity and usefulness • Strengthen Committees • Enhance Participation

  14. Future Challenges • Mexico or tribal entities may join IFTA • Technological changes • Tax Issues • Alternate fuels; • multi-fuels • Institutional Memory • Legislative/legal challenges • Adverse court decisions • Congressional action

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