DATE: December 10, 2019
TO: Board of Supervisors
SUBMITTED BY: Oscar J. Garcia, CPA, Auditor-Controller/Treasurer-Tax Collector
SUBJECT: Hearing and Determination of Claimants' Rights to Excess Proceeds Resulting from 2016 Sale of Tax-Defaulted Properties
RECOMMENDED ACTION(S):
TITLE
1. Conduct public hearings on claims for excess proceeds resulting from the 2016 sale of tax-defaulted property for two (2) items, including item 144 (APN 140-120-06) for excess proceeds in the amount of $29,685.22 and item 396 (APN 510-060-30) for excess proceeds in the amount of $89,622.77.
2. Make a determination if claimants for the two (2) items submitted information and proof sufficient to establish a right to all or any portion of the excess proceeds.
REPORT
The excess proceeds are the remaining proceeds from the 2016 Tax Sale that the Board approved on December 15, 2015, and that the ACTTC conducted on March 4-7, 2016. The recommended actions allow the Board to receive information and make a determination regarding excess proceeds from tax sale items 144 and 396. The ACTTC will return to your Board at a later date with a resolution effectuating the Board's determination. November 5, 2019 was the last recommended excess proceeds item brought by ACTTC to your Board, for the 2016 Tax Sale. This item is countywide.
ALTERNATIVE ACTION(S):
There are no alternative actions. Revenue and Taxation Code section 4675, subdivision (e), requires the Board to distribute excess proceeds from the sale of tax-defaulted property.
FISCAL IMPACT:
The excess proceeds from the County's 2016 sale of tax-defaulted properties are the remaining proceeds after all taxes, penalties, costs, and fees have been paid to the County of Fresno for each property that was sold. Excess proceeds not claimed, or for which claims are not granted, will be distributed to the County's General Fund under Revenue and Taxation Code section 4674. Therefore, depending on the Board's determination an amount no...
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