HomeMy WebLinkAboutItem 10 - Recognition of Revenue in the General Fund for Certain Unclaimed DepositsFinance and Management Services
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Item # 10
City of Santa Ana
20 Civic Center Plaza, Santa Ana, CA 92701
Staff Report
June 7, 2022
TOPIC: Recognition of Revenue in the General Fund for Certain Unclaimed Deposits
AGENDA TITLE:
Approve the Recognition of $94,097.52 of Revenue for Certain Unclaimed Monies from
Various City Funds
RECOMMENDED ACTION
Approve the recognition of $94,097.52 of revenue in the General Fund for certain
unclaimed deposits, as allowed by state law.
DISCUSSION
Annually, the Finance and Management Services Agency (FMSA) reviews a listing of
unclaimed funds that are older than three (3) years. The nature of these funds includes
unclaimed funds related to deposits, commissary account, and other payments made by
the City. State law allows the City to publish a notification of the unclaimed funds, offering
the public an opportunity to claim them. In the absence of any claims, the City can
recognize them as revenue. State law also allows the City to transfer unclaimed funds,
held for a period of one (1) year, without publication for individual items $15 or less or any
amount if the depositor's name is unknown. FMSA has identified $94,097.52 of unclaimed
funds that can be recorded as revenue in the General Fund for the fiscal year ended June
30, 2022. The breakout of the unclaimed funds is as follows:
Funds Greater Than $15
Unclaimed deposits & funds
Uncashed checks
Funds Less Than $15
Uncashed checks
Amount
$47,093.11
$46,514.60
Total $93,607.71
Amount
$489.81
Grand Total $94,097.52
Approve the recognition of revenue in the General Fund for certain unclaimed funds
June 7, 2022
Page 2
Due Diliaence Efforts
To ensure the public was aware of the existence of unclaimed funds on file with the City,
FMSA staff published a Public Notice (Exhibit 1) in the Orange County Register in April
2022 for two (2) successive weeks in accordance with the applicable Government Code
sections. The City did not receive any inquiries regarding the unclaimed funds as a result
of the publication. Part of the unclaimed funds included individual items that were less
than $15. These funds were not included in the publication per Government Code section
50055.
If the City Council approves the Recommended Action, unclaimed funds in the amount of
$94,097.52 will be recorded as revenue in the General Fund, in accordance with the
Government Code section 50053.
ENVIRONMENTAL IMPACT
There is no environmental impact associated with this action.
FISCAL IMPACT
Unclaimed funds in the amount of $94,097.52 will be reclassified to the General Fund
(account no. 01102002-57010 — Miscellaneous Recoveries).
EXHIBIT
1. Public Notice
Submitted By: Kathryn Downs, FMSA Executive Director
Approved By: Kristine Ridge, City Manager
The Orange County Register
1771 S. Lewis Street
Anaheim, CA 92805
714-796-2209
5211379
CNSB / CNSB-ACCOMMODATIONS
915 E 1ST ST
ORDER EXPEDITING
LOS ANGELES, CA 90012-4050
FILE NO. CNS-3577750
AFFIDAVIT OF PUBLICATION
STATE OF CALIFORNIA,
County of Orange
I am a citizen of the United States and a resident of the
County aforesaid; I am over the age of eighteen years,
and not a party to or interested in the above entitled
matter. I am the principal clerk of The Orange County
Register, a newspaper of general circulation, published
in the city of Santa Ana, County of Orange, and which
newspaper has been adjudged to be a newspaper of
general circulation by the Superior Court of the County of
Orange, State of California, under the date of November
19, 1905, Case No. A-21046, that the notice, of which
the annexed is a true printed copy, has been published in
each regular and entire issue of said newspaper and not
in any supplement thereof on the following dates, to wit:
04/23/2022
I certify (or declare) under the penalty of perjury under
the laws of the State of California that the foregoing is
true and correct:
Executed at Anaheim, Orange County, California, on
Date: April 23, 2022.
Signature
EXHIBIT 1
PROOF OF PUBLICATION
Legal No. 0011531052
PUBLIC NOTICE OF
UNCLAIMED MONEY HELD
BY CITY OF SANTA ANA
This is a public notice that the City
of Santa Ana ("City") is in
possession of certain refundable
monies in connection with the
following list noted below in the
total amount of approximately
$93,607.71. These depositors are no
longer on fi le with the City.
The above funds were
collected/received by the City of
Santa Ana. The funds have been
deposited into the City's designated
financial institution's funds as listed
below ("Unclaimed Monies").
Pursuant to Government Code
section 50050 et Seq., it is proposed
the Unclaimed Monies shall become
the property of the City on June 7,
2022.
Anyone who has a legal claim to the
Unclaimed Monies must file a
written claim with the City
Treasurer on or before June 7, 2022,
at the address provided below. The
claim must identify the name of the
claimant, the claimant's current
address and phone number, the
amount claimed, and the grounds
on which the claim is founded. The
City Treasurer has the right to
demand further proof of identity
and other facts to establish any
claim, and may accept or reiect a
claim. If the claim is reiected, the
claimant may file a verified
complaint seeking to recover all, or
a designated part, of the Unclaimed
Monies in a court of competent
iurisdiction within Orange County
and serve a copy of the complaint
and summons upon the City
Treasurer. A copy of the complaint
and summons must be served
within thirty (30) days of receiving
the City's notice the claim was
reiected. Further information
regarding the Unclaimed Monies
may be obtained from the City
Treasurer, City of Santa Ana, 20
Civic Center Plaza, Santa Ana,
California 92702. Claims or further
information related to Unclaimed
Monies may also be submitted by
email to accounting@santa-
ano.org.
DEPOSITED FUNDS WITH THE
CITY:
Fund and description in which
monies are held, Amount
Operating Fund, $772.50
Workers' Compensation Fund,
$13,532.28
General Liability Fund, $231.00
Police Commissary Account Fund,
$3,601.42
Water Fund, $4,349.66
General Fund, $34,765.60
Office of Criminal Justice Program
Fund, $36,355.25
4/23/22
CNS-3577750#
ORANGE COUNTY REGISTER
r.LPl-12115116
The Orange County Register
1771 S. Lewis Street
Anaheim, CA 92805
714-796-2209
5211379
CNSB 1 CNSB-ACCOMMODATIONS
915E1STST
ORDER EXPEDITING
LOS ANGELES, CA 90012-4050
FILE NO. CNS-3576391
AFFIDAVIT OF PUBLICATION
STATE OF CALIFORNIA
SS.
County of Orange
I am a citizen of the United States and a resident of the
County aforesaid; I am over the age of eighteen years, and
not a party to or interested in the above entitled matter.
am .the principal clerk of The Orange County Register, a
newspaper of general circulation, published in the city of
Santa Ana, County of Orange, and which newspaper has
been adjudged to be a newspaper of general circulation by
the Superior Court of the County of Orange, State of
Califomia, under the date of November 19, 1905, Case No.
A-21446, that the notice, of which the annexed is a true
printed copy, has been published. in each regular and
entire issue of said newspaper and not in any supplement
thereof on the following dates, to wit:
0411612022
I certify (or declare) under the penalty of perjury under the
laws of the State of California that the foregoing is true
and correct:
Executed at Anaheim, Orange County, California, on
Date: April 16, 2022.
d*l�k
Signature
PROOF OF PUBLICATION
Legal No. 0011530234
PUBLIC NOTICE OF
UNCLAIMED MONEY HELD
BY CITY OF SANTA ANA
This is a public notice that the City
of Santa Ana ("City") is in
possession of certain refundable
monies in connection with the
following list noted below in the
total amount of approximately
$93,607.71. These depositors are no
longer on file with the City.
The above funds were
collected/received by the City of
Santa Ana. The funds have been
deposited into the City's
designated financial institution's
funds as listed below
("Unclaimed Monies"). Pursuant to
Government Code section 50050 et
seq., it is proposed the Unclaimed
Monies shall become the property
of the City on June 7, 2022 .
Anyone who has a legal claim to the
Unclaimed Monies must file a
written claim with the City
Treasurer on or before June 7,
2022, at the address provided below.
The claim must identify the name
of the claimant, the claimant's
current address and phone number,
the amount claimed, and the
grounds an which the claim is
founded. The City Treasurer has the
right to demand further proof of
identity and other facts to establish
any claim, and may accept or reiect
a claim. If the claim is reiected, the
claimant may file a verified
complaint seeking to recover all, or
a designated port, of the Unclaimed
Monies in a court of competent
jurisdiction within Orange County
and serve a copy of the complaint
and summons upon the City
Treasurer. A copy of the complaint
and summons must be served
within thirty (30) days of receiving
the City's notice the claim was
reiected. Further information
regarding the Unclaimed Monies
may be obtained from the City
Treasurer, City of. Santo Ana, 20
Civic Center Plaza, Santa Ana,
California 92702. Claims or further
information related to Unclaimed
Monies may also be submitted by
email to occounting@santa-
ono.org.
DEPOSITED FUNDS WITH THE
CITY:
Fund and description in which
man iesare held, Amount
operating Fund, $772.50
Workers' Compensation Fund,
$13,532.28
General Liability Fund. $231.00
Police Commissary Account Fund,
$3,601.42
Water Fund, 54,349.66
General Fund, $34,765.60
Office of Criminal Justice Program
Fund, $36,355.25
4/16I22
C N S-3576391 #
ORANGE COUNTY REGISTER
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I.EPS-47715118