DATE: January 7, 2020
TO: Board of Supervisors
SUBMITTED BY: Oscar J. Garcia, CPA, Auditor-Controller/Treasurer-Tax Collector
SUBJECT: Approval of Claimants' Rights to Excess Proceeds Related to Tax Sale Item 144 (APN 140-120-06) and Item 396 (APN 510-060-30) Resulting from 2016 Sale of Tax Defaulted Properties
RECOMMENDED ACTION(S):
TITLE
Approve one (1) resolution granting nine (9) claims for excess proceeds, and ordering distribution after the 90-day waiting period.
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 grant of nine (9) claims for excess proceeds is based on the Board's determination after consideration of documents provided by claimants related to tax sale item 144 (APN 140-120-06) and item 396 (APN 510-060-30) at the December 10, 2019 meeting of the Board of Supervisors. 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, will be distributed to the County's General Fund under revenue and Taxation Code section 4674. An amount not to exceed $10,537.57 will fiscally impact the County's General Fund as a one-time revenue increase if these claims are granted.
DISCUSSION:
On November 5, 2019, the Auditor-Controller/Treasurer-Tax Collector (ACTTC) presented a recommendation for the disposition of all the claims for excess proceeds from the County's 2016 sale of tax-defaulted property. Claimants and representatives of claimants for excess proceeds for tax sale item 144 ...
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