HomeMy WebLinkAboutItem 12 - Recognition of Revenue for Certain Unclaimed Monies from Various City FundsFinance and Management Services
www.santa-ana.org/finance
Item # 12
City of Santa Ana
20 Civic Center Plaza, Santa Ana, CA 92701
Staff Report
June 4, 2024
TOPIC: Recognition of Revenue for Certain Unclaimed Monies from Various City Funds
AGENDA TITLE
Approve the Recognition of $71,970.35 of Revenue for Certain Unclaimed Monies from
Various City Funds (General Fund)
Legal notice published in the OC Register on April 13, 2024 and April 20, 2024.
RECOMMENDED ACTION
Approve the recognition of $71,970.35 of revenue in the General Fund for certain
unclaimed deposits, as allowed by state law.
GOVERNMENT CODE §84308 APPLIES: No
DISCUSSION
Annually, the Finance and Management Services Agency (FMSA) reviews a listing of
unclaimed monies that are older than three years. The nature of these monies includes
unclaimed monies related to deposits, commissary account, and other payments made
by the City. State law allows the City to publish a notification of the unclaimed monies,
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
monies, held for a period of one year, without publication for individual items less than
$15 or any amount if the depositor's name is unknown. FMSA has identified $71,970.35
of unclaimed monies that can be recorded as revenue in the General Fund for the fiscal
year ended June 30, 2024. The breakout of the unclaimed monies is as follows:
Funds $15 or Greater Amount
Deposits held $17,329.38
Uncashed checks $53,944.80
Total $71,274.18
Funds Less Than $15 Amount
Uncashed checks $ 696.17
Recognition of Revenue for Certain Unclaimed Monies from Various City Funds
June 4, 2024
Page 2
Grand Total $71,970.35
Recognition of Revenue for Certain Unclaimed Monies from Various City Funds
June 4, 2024
Page 3
Due Diliaence Efforts
Various departments made efforts to contact payees and depositors before the list was
compiled for noticing purposes. To ensure the public was aware of the existence of
unclaimed monies on file with the City, FMSA staff published a Public Notice (Exhibit 1)
in the Orange County Register in April 2024 for two successive weeks in accordance
with the applicable Government Code sections. The City did not receive any inquiries
regarding the unclaimed monies as a result of the publication. Part of the unclaimed
monies included individual items that were less than $15. These monies were not
included in the publication per Government Code section 50055.
If the City Council approves the Recommended Action, unclaimed monies in the amount
of $71,970.35 will be recorded as revenue in the General Fund, in accordance with
Government Code section 50053.
FISCAL IMPACT
Unclaimed monies in the amount of $71,970.35 will be reclassified to the General Fund
(account no. 01102002-57010 — Miscellaneous Recoveries).
EXHIBIT(S)
1. Public Notice
Submitted By: Kathryn Downs, FMSA Executive Director
Approved By: Alvaro Nunez, Acting City Manager
EXHIBIT 1
The Orange County Register
1920 Main St., Suite 225
Irvine, Ca 92614
714-796-7000
5211379
CNSB / CNSB-ACCOMMODATIONS
915 E 1ST ST
ORDER EXPEDITING
LOS ANGELES, CA 90012-4050
FILE NO. 3800466
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
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:
04/13/2024, 04/20/2024
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 20, 2024.
/11
20ikL&AP0-
Signature .
PROOF OF PUBLICATION
Legal No. 0011660035
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 $71,274.18.
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 4,
2024,
Anyone who has a legal claim to the
Unclaimed Monies must file a
written claim with the City
Treasurer on or before June 4, 2024,
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 rejected. 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, $71.09
Police Commissary Account Fund,
$10,918.26
Water Fund, $2,600.84
General Fund, $40,354.61
National Recreation Trails Fund,
$17,329.38
4/13, 4/20/24
C N S-3800466#
ORANGE COUNTY REGISTER
*A000006745794*
r.LP1.12115/16