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Stafford recoups roughly $1 million after sales tax audit identifies misallocated payments
Summary
City officials said an audit by the Stafford Economic Development Corporation found businesses that reported local sales tax to other jurisdictions; the city reported a net gain of about $1,002,900 and will return to the council with a final report.
Stafford officials told the City Council on July 2 that a sales tax compliance audit identified misallocated local sales tax payments, resulting in a net recovery of about $1,002,900 for the city.
The finding was disclosed during an update on the audit led by the Stafford Economic Development Corporation. Council member Tim Woods read an email from a staff member identified…
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