HomeMy WebLinkAboutMINUTES - 04071987 - 1.66 TO BOARD OF SUPERVISORS 1-04
FROM: Donald L. Bouchet, County Auditor-ControllerContra
April 7 , 1987 Costa
DATE'. County
SUBJECT: Unclaimed Deposits
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDED ACTION
Authorize the Auditor-Controller to transfer $34 , 236 . 66 from the
Unclaimed Deposits Trust Fund to the County General Fund.
BACKGROUND/REASONS FOR RECOMME14DATION
Government Code Sections 50050-56 provide for the transfer to the .
general fund of money which has been unclaimed for more than three years.
The items recommended for transfer fall into the following categories:
Items requiring notice, and for which notice
has been published $34 , 078 .15
Individual items less than $10. 00 do not
require notice 54 . 87
Items where depositors name unknown do not
require notice 103 . 64
Total to transfer $34, 236 . 66
CONSEQUENCES OF NEGATIVE ACTION
The County General Fund will not realize revenues of $34 , 236 . 66 .
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
_ APPROVE _..__. OTHER
SIGNATURE(S):
ACTION OF BOARD ON prl APPROVED AS RECOMMENDED X OTHER
VOTE OF SUPERVISORS
1 HEREBY .CERTIFY THAT THIS 1S A TRUE
X UNANIMOUS (ABSENT - --- ) AND CORRECT COPY OF AN ACTION TAKEN
AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN.
cc: County Administrator ATTESTED April 7 , 1987
Auditor-Controller PHIL BATCHELOR, CLERK OF THE BOARD OF
SUPERVISORS AND COUNTY ADMINISTRATOR
BYDEPUTY
M382/7-83 -- -- - - --