FINANCIAL_SERVICESAPPROVED

City of Cordova Awards Financial Services Contract to Alabama Department of Revenue (March 2026)

The City Council of Cordova approved Resolution 2026-06 authorizing the Alabama Department of Revenue to administer and collect city sales, use, rental, and lodging taxes. The contract is month-to-month and guarantees at least 98% of all collected tax revenue with an administration fee capped at 2%. Services include collections, auditing, and legal work at no additional cost.

Status
APPROVED
Document date
March 19, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Alabama Department of Revenue
Agency
City of Cordova · AL

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Veritone logo
TerraCycle logo
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Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Month-to-month
Renewal
The agreement operates on a month-to-month basis with no formal contract or auto-renewal required. The city may change arrangement at any time.
Document type
Resolution
Source document
City of Cordova Resolution 2026-06 Sales Tax Collection

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Cordova?

Alabama Department of Revenue was awarded this financial services contract by City of Cordova, as recorded on March 19, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in City of Cordova Resolution 2026-06 Sales Tax Collection (Resolution), dated March 19, 2026 from City of Cordova. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Alabama Department of Revenue hold?

Alabama Department of Revenue may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Alabama Department of Revenue's profile

What is City of Cordova currently buying?

Explore City of Cordova's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Cordova's profile

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