DATE: November 3, 2020
TO: Board of Supervisors
SUBMITTED BY: Oscar J. Garcia, CPA, Auditor-Controller/Treasurer-Tax Collector
SUBJECT: Approval of Certain Claimants' Rights to Excess Proceeds Resulting from 2019 Sale of Tax Defaulted Properties
RECOMMENDED ACTION(S):
TITLE
Adopt Resolution deciding claims and ordering the disposition of excess proceeds for 17 single claim items and 11 no claim items from the County's 2019 sale of tax-defaulted property.
REPORT
The excess proceeds are from the 2019 Tax Sale that the Board approved on December 4, 2018, and which was conducted on March 8-11, 2019. The recommended resolution grants 13 claims for excess proceeds and denies four claims for excess proceeds, based on documentation submitted to the Auditor-Controller/Treasurer-Tax Collector's office (AC/TTC) by each claimant. The recommended denials are for four claims where the claimant provided insufficient evidence. The recommended resolution also distributes $605,103.24 in excess proceeds to the County from the balance of excess proceeds not distributed from the 17 parcels described above and from another 11 parcels for which there were no claims. After approving the recommended action, there will be 41 other claims from the 2019 Tax Sale, on items for which there were multiple claims, which the AC/TTC will bring to your Board at a later date. 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 resolutions to grant or deny those claims.
FISCAL IMPACT:
The 2019 Tax Sale excess proceeds are the remaining proceeds after all taxes, penalties, costs, and fees have been satisfied to the County of Fresno. Excess proceeds not claimed will be distributed to the County under Revenue and Taxation Code section 4674. Therefore, a...
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