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Item 08 - Recognition of $47,374.75 of Revenue for Certain Unclaimed Monies
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Item 08 - Recognition of $47,374.75 of Revenue for Certain Unclaimed Monies
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5/27/2026 10:15:52 AM
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5/27/2026 10:15:50 AM
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City Clerk
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Finance & Management Services
Item #
8
Date
6/2/2026
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Recognition of Revenue for Certain Unclaimed Monies from Various City Funds <br /> June 2, 2026 <br /> Page 2 <br /> unclaimed monies on file with the City, FMSA staff published a Public Notice (Exhibit 1) <br /> in the Orange County Register in April 2026 for two (2) successive weeks in accordance <br /> with the applicable Government Code sections. The City did not receive any inquiries <br /> regarding the unclaimed monies as a result of the publication. Part of the unclaimed <br /> monies included individual items that were less than $15. These monies were not <br /> included in the publication per Government Code §50055. <br /> If the City Council approves the Recommended Action, unclaimed monies in the amount <br /> of $47,374.75 will be recorded as revenue in the General Fund, in accordance with <br /> Government Code §50053. <br /> ENVIRONMENTAL IMPACT <br /> There is no environmental impact associated with this action. <br /> FISCAL IMPACT <br /> Unclaimed monies in the amount of $47,374.75 will be reclassified to the General Fund <br /> (Account No. 01102002-57010 — Miscellaneous Recoveries). <br /> EXHIBIT(S) <br /> 1. Public Notice <br /> Submitted By: Alexander Trinidad, Executive Director, Finance and Management <br /> Services Agency <br /> Approved By: Alvaro Nunez, City Manager <br />
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