We have seen tremendous growth and success over the past four decades which would not have been possible without you, our valued partners. Thank you for 40 amazing years!
Sentiments from Lloyd de Llamas, HdL Founder, Former President and Executive Chairman:
“Prior to computerization of open data, few agencies could afford the huge amount of staff and resources needed to accurately consolidate and organize the state’s scattered and highly secretive processes into useful sales tax information. In 1983, retired Commerce City Administrator Robert Hinderliter purchased one of the first Apple personal computers, taught himself Lotus 1-2-3, and converted his former city’s process into a computerized database.
The City of Monterey Park was his first customer. In 1987, Bob and I entered a partnership with 25 clients, 3 part-time employees who laboriously entered by hand, each taxpayer registration and monthly allocation into spread sheets, in a small corner of GRC Consultants’ offices in Claremont Village. Our experience had made us skeptical of consultants who often promised more than they delivered, and our goal was to provide an inexpensive but important service that understood the needs and pressures of local governments.
In 2007, we began the process of selling the company to our employees. By 2010, we had grown to over 300 clients, added property tax and business license software services, and had been joined by some of the best and most experienced local government individuals to help improve HdL’s programs. In 2011, we turned the day-to-day management over to Andy Nickerson.
Andy recognized that some of the previous assumptions on which we had initially built the corporate structures were no longer valid and that growth was key to building employee stock values. He began a process of re-structuring, as well as purchasing, similar companies in other states, adding needed services such as administration of cannabis regulation, economic development, short term rentals, utility user, and TOT taxes. Andy continued the company’s past insistence on recruiting only the best and ethical local government professionals available to perform those services.
Today, the company serves over 600 clients nationwide, stock values have quadrupled, and the Board of Directors consists of highly qualified local government professionals including Rod Gould, Mary Bradley, Craig Hill, Henry Gardner, and many others. Most gratifying is that all this growth has been achieved without losing the companies’ initial core value of services provided by a group of experienced professionals with absolute integrity who are intent on continuing their positive contributions to local government."
We have a lot to celebrate and are grateful you are part of this journey.
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Additional Resources
- 2022: A Year in Review
- Case Study: SoFi Stadium Construction Contracts & Sales Tax Revenue
- California Consensus Forecast - 3Q22 Data
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