Loading...
HomeMy WebLinkAboutItem 08 - Recognition of $47,374.75 of Revenue for Certain Unclaimed Monies Finance and Management Services www.santa-ana.org/finance Item # 8 City of Santa Ana 20 Civic Center Plaza, Santa Ana, CA 92701 Staff Report June 2, 2026 TOPIC: Recognition of Revenue for Certain Unclaimed Monies from Various City Funds AGENDA TITLE Recognition of $47,374.75 of Revenue for Certain Unclaimed Monies from Various City Funds (General Fund) RECOMMENDED ACTION Approve the recognition of $47,374.75 of revenue in the General Fund for certain unclaimed deposits, as allowed by state law. GOVERNMENT CODE 484308 APPLIES: No DISCUSSION Annually, the Finance and Management Services Agency (FMSA) reviews a listing of unclaimed monies that are older than three (3)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 allows the City to transfer unclaimed monies, held for a period of one (1) year, without publication for individual items less than $15 or any amount if the depositor's name is unknown. FMSA has identified $47,374.75 of unclaimed monies that can be recorded as revenue in the General Fund for the fiscal year ending June 30, 2026. The breakout of the unclaimed monies is as follows: Funds $15 or Greater Amount Uncashed checks $46,510.67 Funds Less Than $15 Amount Uncashed checks $ 864.08 Grand Total $47,374.75 Due Diligence 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 Recognition of Revenue for Certain Unclaimed Monies from Various City Funds June 2, 2026 Page 2 unclaimed monies on file with the City, FMSA staff published a Public Notice (Exhibit 1) in the Orange County Register in April 2026 for two (2) 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 §50055. If the City Council approves the Recommended Action, unclaimed monies in the amount of $47,374.75 will be recorded as revenue in the General Fund, in accordance with Government Code §50053. ENVIRONMENTAL IMPACT There is no environmental impact associated with this action. FISCAL IMPACT Unclaimed monies in the amount of $47,374.75 will be reclassified to the General Fund (Account No. 01102002-57010 — Miscellaneous Recoveries). EXHIBIT(S) 1. Public Notice Submitted By: Alexander Trinidad, Executive Director, Finance and Management Services Agency Approved By: Alvaro Nunez, City Manager The Orange County Register EXHIBIT 1 1920 Main St., Suite 225 Irvine, Ca 92614 714-796-7000 5211379 CNSB/CNSB-ACCOMMODATIONS PROOF OF PUBLICATION 915 E 1ST ST ORDER EXPEDITING Legal No. 0011784154 LOS ANGELES, CA 90012-4050 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 FILE NO. 4024662 possession of certain refundable monies in connection with the following list noted below in the total' 67. AFFIDAVIT OF PUBLICATION amount of sitars pp are ne 1 o o These depositors are no longer on file with the City. The above funds were STATE OF CALIFORNIA, collected/received by the City of Santa Ana. The funds have been SS, deposited into the City's designated financial institution's funds as County of Orange listed below ("Unclaimed Monies"). Pursuant to Government Code section 50050 etseR., it is proposed the Unclaimed Monies shall become the property of the City on June 2, 2026. I am a citizen of the United States and a resident of the Anyone who has alegal claim the Unclaimed Monies must fitle a County aforesaid; I am over the age of eighteen years, and written claim with the City Treasurer on or before June 2,2026, not a party to or interested in the above entitled matter. I at the address provided below. The am the principal clerk of The Orange Count Register, a claim must identify the name r the P P 9 Y g claimant, the claimant's current newspaper of general circulation, published in the city of address and phone number, the amount claimed,and the grounds on Santa Ana, County of Orange, and which newspaper has which the claim is founded.The City Treasubeen adjudged to be a newspaper of general circulation by urtherrpr ofer sofh identityright ta demand o he the Superior Court of the Count of Orange, State of facts establish any claim, and p Y g may accept or reject a claim. If the California, under the date of November 19, 1905, Case No. claim is reiected, the claimant may file a verified complaint seeking to A-21046, that the notice, of which the annexed is a true recover all, or a designated part, of printed copy, has been published in each regular and the Unclaimed Monies in a court of P PY p g competent jurisdiction within entire issue of said newspaper and not in any supplement Orange County and serve a copy of the complaint and summons upon thereof on the following dates, to wit: the City Treasurer. A copy of the complaint and summons must be served within thirty (30) days of 04/11/2026, 04/1812026 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 I certify(or declare) under the penalty of perjury under the information related to Unclaimed Monies may also be submitted by laws of the State of California that the foregoing is true email to accounting@Santa-ana.org. and Correct: DEPOSITED FUNDS WITH THE CITY: Fund and description in which monies are held,Amount Executed at Anaheim, Orange County, California, on Police Commissary Account Fund, $16,950.57 Date: April 18, 2026. General Fund,$16,557.03 Operating Fund,$1,246.61 Water Fund,$2,671.07 Workers' Compensation Fund, $6,386.30 General Liability Fund,$2,699.09 Jennifer L. Hall,CMC City Clerk 4/11,4/l8/26 C N S-4024662# ORANGE COUNTY REGISTER Signature