Woodridge Collects Missed Tax Revenue
Woodridge has always emphasized its fiduciary responsibility to collect all taxes equally across the board. In 2004, the Village of Woodridge began having a few service and communication issues with some of its major utility providers. These problems concerned Woodridge because they were dedicated to fair and responsible tax administration.
In an effort to monitor their relationship with all utility companies and make sure they were treating all utility tax providers equally, Woodridge partnered with Azavar Audit Solutions, Inc.
Azavar Audit professionals conducted a municipal revenue audit of Woodridge’s utility taxes, especially those remitted by Exelon / Commonwealth Edison (Exelon). The first priority for the Azavar Audit team was identifying recent annexations and high growth areas.
Azavar Audit utilized proprietary software technology to audit all premises within Exelon's tax database while working closely with both Woodridge and Exelon officials in order to expedite the audit process.
Within six months, the Azavar Audit team identified all premise errors within Exelon's tax database. During the course of this massive audit and data collection effort, Azavar analyzed over 21 million pieces of data and found a variety of underpaid taxes. Most importantly, Azavar Audit’s corrections ensured that all utility taxes will be remitted correctly in the future to Woodridge, adding over $100,000 to each year’s tax rolls.
To find out how Azavar Audit can get similar results for your organization, contact Kevin Lerash, Azavar Audit Solutions Membership Coordinator at 800-683-0800.
“Azavar Audit brought a one-of-a-kind and valuable service to Woodridge by auditing our utility taxpayers. They have been very successful in adding revenue to our rolls.”
--Mayor William Murphy, Village of Woodridge
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Village of Woodridge Testimonial |
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William Murphy, Mayor
"The Village of Woodridge looked at many ways to increase our municipal revenues. Azavar brought a one-of-a-kind and valuable service to the Village in auditing our utility taxpayers including electric, gas, telecommunications as well as cable franchise fees. Azavar has been very successful in adding revenue to our rolls from all utility taxpayers. With the added revenues Woodridge has been able to continue increasing services to our residents while decreasing our property tax rate. Azavar has been instrumental in our success."
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