Broward County Commission Regular Meeting


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AI-16335 20.       
Meeting Date: 04/08/2014  
Director's Name: Scott G. Miller
Department: Finance & Administrative Services Division: Records, Taxes, and Treasury

Information
Requested Action

A. MOTION TO ADOPT Resolution No. 2014-228 authorizing cancellation of warrants from Central Account No. 2079940003785, Tax Refund Account No. 2000044269850, and Tax Redemption Account No. 2090002760916 due to having a stale date, being unclaimed, or not being negotiated.

ACTION: (T-10:23 AM) Approved.

VOTE: 8-0. Commissioner Ritter was not present.

ACTION: (T-10:45 AM) The Board reconsidered the Consent Agenda for Item 28. (Refer to minutes for full discussion.)

VOTE: 9-0. Commissioner Ritter voted in the affirmative telephonically.

B. MOTION TO ADOPT Resolution No. 2014-229 authorizing cancellation of warrants from Central Account No. 2079940003785, and Tax Refund Account No. 2000044269850 due to being lost or stolen.  Checks have been reissued.

ACTION: (T-10:23 AM) Approved.

VOTE: 8-0. Commissioner Ritter was not present.

ACTION: (T-10:45 AM) The Board reconsidered the Consent Agenda for Item 28. (Refer to minutes for full discussion.)

VOTE: 9-0. Commissioner Ritter voted in the affirmative telephonically.

Why Action is Necessary
Board approval is required to authorize cancellation of warrants.
What Action Accomplishes

Removes old checks from outstanding lists in preparation for escheating to the State of Florida as required by Florida Statutes.  Motion A removes checks due to having a stale date, being unclaimed, or not being negotiated.  Motion B acknowledges the removal of checks that were lost or stolen and have been reissued.

Is this Action Goal Related
Previous Action Taken

None

Summary Explanation/ Background

THE FINANCE AND ADMINISTRATIVE SERVICES DEPARTMENT AND THE RECORDS, TAXES, AND TREASURY DIVISION RECOMMEND APPROVAL OF THE ABOVE MOTIONS.

Records, Taxes and Treasury's Cash Handling and Deposit Procedures require the voiding of checks that are outstanding in preparation for escheating to the State of Florida as required by Florida Statutes.  These warrants (except for Tax Redemptions) have been outstanding for over six months and now meet the time requirement for voiding according to these Procedures.  Motion A removes old checks from outstanding lists in preparation for escheating to the State of Florida as required by Florida Statutes, Sections 717.102, 717.103, and 717.117 (Exhibit 1).

Under Florida Statute 197.473, Tax Redemption checks that have been outstanding for over three months meet the time requirements for voiding in preparation for escheating to the Broward County general fund.

Please note that all checks referenced in Motion B that were lost or stolen have been reissued (Exhibit 2).

Exhibit 3 includes explanations for uncashed checks that are over $5,000, have the same payee, are payable to a taxing authority or have special circumstances.


Fiscal Impact
Fiscal Impact/Cost Summary:
There is no fiscal impact.
Attachments
Exhibit 1 - Warrants Resolution
Exhibit 2 - Warrants Resolution
Exhibit 3 - Warrants Memorandum dated March 5, 2014


    

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