In Los Angeles County alone there are over 12,000 tax rate areas. In this jigsaw puzzle, its easy to see how mistakes and misallocations can be made. Cities, redevelopment agencies and special districts need the accurate analysis that HdL provides to ensure proper allocation of funds. Furthermore, property data provides the essential information needed to plan effective economic development strategies. Audit Services HdL has the technology and the data to audit all parcels within city limits and within redevelopment project areas.
Audits frequently uncovers costly errors in the distribution of tax revenues.
Parcels miscoded to the wrong jurisdiction. Unsecured values and taxes allocated to wrong parcel, tax rate area or taxing entity. Property transfers and new construction completions which have not been reassessed. Once errors are identified, HdL follows up with the appropriate agencies to ensure that changes are made and the funds are redistributed. HdL's analytical reports identify factors which affect changes in values - information crucial to effectively manage now and strategically for the future.