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EXHIBIT I <br />Page 4 of 7 <br />D. Will review the revenues and gross receipts on these taxpayers’ financial statements and N. C. Sales Tax <br />Returns and compare them with the monthly listing forms filed with the COUNTY to verify accuracy. <br />E. Provide a report of facts & findings along with worksheets to COUNTY and prepare a Proposed Notice of <br />Assessment Letter to the taxpayer for our auditor’s signature. <br />F. Agree to be accompanied by COUNTY personnel on any local audits to assist in training for ongoing audit <br />activities. <br /> <br />2. AUDIT APPEALS – GROSS RECEIPTS <br />If any audit performed by CTSI enters the appeals process, CTSI will: <br />A. Appear at meetings with taxpayers or their representatives concerning the information identified in the <br />audit. <br />B. Provide testimony and evidence at hearings before the County Tax Assessor, Board of County <br />Commissioners, North Carolina Property Tax Commission or other appeal level hearing concerning the <br />information identified in the audit. <br /> <br />3. RESPONSIBILITY OF COUNTY – GROSS RECEIPTS <br />COUNTY will: <br />A. Make available to CTSI legible monthly Gross Receipt Tax listing forms on each applicable taxpayer to be <br />reviewed. <br />B. Provide reports to CTSI that confirms the amount of tax already listed and assessed by COUNTY on each <br />listing under review. <br />C. Upon receipt of a fact & findings letter from CTSI, COUNTY will send to the taxpayers under review a <br />notice of discovery or no-discovery, in a timely manner. <br />D. Provide postage for mailing audit correspondence from COUNTY to the taxpayer. <br />E. Provide the North Carolina Department of Revenue with the proper statement of confidentiality as required <br />under the provisions of NCGS 105-296 for the personnel of CTSI. <br />F. Provide to CTSI a notarized authorization letter giving authority to conduct Gross Receipt tax audits on <br />behalf of COUNTY. <br />G. Compensate CTSI for AUDITING SERVICES performed under this Agreement as stated in Section II, <br />Item 4; COMPENSATION. <br /> <br />4. COMPENSATION for GROSS RECEIPT AUDITS <br /> <br />For Services provided by CTSI under this agreement, COUNTY agrees to compensate CTSI as follows: <br />A. For AUDITING SERVICES provided by CTSI under this Agreement, COUNTY agrees to compensate <br />CTSI as follows: <br />1. Fee Determination <br />a. For auditing services provided by CTSI, County will pay CTSI a Gross Receipts audit fee in the <br />amount of six hundred fifty dollars and no cents ($650.00) for each account. This rate is available <br />to the County when an on-going Business Personal Property tax audit compliance program is <br />active. <br /> <br />b. Audit services will include the performance of the audit and all levels of the appeal process until <br />the audit is resolved. <br /> <br />2. Invoicing Procedures <br />a. CTSI will invoice the COUNTY within thirty (30) days from the date of the first notification letter <br />to the taxpayer as directed by the COUNTY, informing the taxpayer of the audit findings. <br /> <br />Docusign Envelope ID: 3756BECF-1513-4FF6-8063-90F2AAC8398B