Bessemer, AL partnered with Avenu to increase revenue by analyzing and reviewing business licenses
Bessemer, AL business license revenue anaylsis
The City of Bessemer partnered with Avenu to increase revenue by reviewing business licenses using data and analytics. Avenu compared the city's business tax roll with a predictive database to generate a file of probably unlicensed businesses. After revenue professionals reviewed this list, the city deployed Avenu's system for distributing notices and processing online payments for license registrations and renewals.
Attachments
Project Succeeded
Avenu discovered and collected new business license revenue equal to $1,297,822 and recovered 3,819 licenses. Adding approximately 2,257 new businesses to the tax rolls have provided an increase in projected future business license revenues estimated at more than $200,000 per year.
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