DATE: April 11, 2023
TO: Board of Supervisors
SUBMITTED BY: Oscar J. Garcia, CPA, Auditor-Controller/Treasurer-Tax Collector
SUBJECT: Decision on Claims for Excess Proceeds Resulting from 2021 Sale of Tax Defaulted Properties and 2021 Chapter 8 Sale
RECOMMENDED ACTION(S):
TITLE
Approve resolution granting forty-seven (47) claims for excess proceeds from the March 2021 sale of tax-defaulted properties, and ordering distribution after the 90-day waiting period, where claimants submitted information and proof sufficient to establish a right to all or any portion of the excess proceeds; and denying seven (7) claims for excess proceeds either because claimants failed to submit information and proof sufficient to establish a right to all or any portion of the excess proceeds, the claim was not timely submitted, there are not sufficient proceeds available, or the claims were satisfied by other means.
REPORT
The excess proceeds are the remaining proceeds available from the sale of tax-defaulted properties that your Board approved on December 15, 2020, and that was conducted on March 12-15, 2021 (2021 Tax Sale). The recommended resolution grants forty-seven (47) claims for excess proceeds, based on documentation submitted to the Auditor-Controller/Treasurer-Tax Collector's office (AC/TTC) establishing each claimant's right as a party of interest pursuant to California Revenue and Taxation Code section 4675. The recommended resolution denies 6 claims where the claimant provided insufficient evidence and 1 claim where there are not sufficient excess proceeds available. This item is countywide.
ALTERNATIVE ACTION(S):
Revenue and Taxation Code section 4675, subdivision (e), requires the Board to distribute excess proceeds. For the claims related to any particular property, however, the Board may direct staff to return with additional information before approving a resolution to grant or deny those claims.
FISCAL IMPACT:
The 2021 Tax Sale excess proceeds and 2021 Cha...
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