HERNDON, Va., May 17, 2018 /PRNewswire/ -- Avenu and the City of Pittsburgh have finalized an agreement for the company to provide a business tax and revenue management system that will include a file-and-pay solution for taxpayers. The contract was the result of a competitive bidding process.
The integrated solution will offer taxpayers a convenient, accurate, and secure way to meet their tax obligations while providing cost-saving efficiencies for the city. It also gives the city an easier way to aggregate and analyze revenue information so leadership knows tax compliance levels, understands trends, and prepares accurate budgets and forecasts.
"With this new system we are responding to the input we've received from business taxpayers, namely that they need one solution to fulfill all their tax needs," says Finance Director Margaret Lanier of the City of Pittsburgh.
Using the system, the city's businesses and residents will create accounts, file and pay taxes for local services, amusement, parking, payroll expenses, property and others. The new system will replace a mix of vendor and in-house systems that no longer meet the city's needs for collection, reporting and forecasting.
"Pittsburgh represents the type of forward-thinking municipality that takes defined steps to solving its fiscal challenges," says Paul Colangelo, CEO of Avenu. "This solution will provide near-term cost effectiveness as compliance increases and longer-term savings accrue from more efficient processing."
Avenu provides local governments with ways to achieve more predictable revenue that supports growth, fuels modernization and ensures compliance with mandated but underfunded programs. Avenu's revenue enhancement and administrative solutions find and recover taxes, license and permit fees that cities and counties struggle to collect. The insights and improved fiscal posture enables governments to deliver expected services and sustain a high quality of life for residents. www.avenuinsights.com