Laserfiche WebLink
City of Tukwila My WebLink |HelpSearch Tips |About |Sign Out
City of Tukwila <br />Thomas McLeod, Mayor <br />INFORMATIONAL MEMORANDUM <br />TO: Finance & Governance Committee <br />FROM: Tony Cullerton, Deputy Finance Director <br />BY: Margo Keithly, Fiscal Specialist <br />CC: Mayor McLeod <br />DATE: August 25, 2025 <br />SUBJECT: 2025 Reporting of Unclaimed Property to the Washington State Department <br />of Revenue <br />ISSUE <br />Annual reporting of outstanding and unredeemed accounts payable claims. <br />BACKGROUND <br />Each year by November 3rd the City of Tukwila reports abandoned or unclaimed property that is <br />owed either to individuals or business vendors to the Washington State Department of Revenue <br />Unclaimed Property Section and removes these items from the accounting records. All local <br />governments are required to report unclaimed property except unclaimed restitution. Normal <br />restitution is then reported each year by the County Treasurer to the State Treasurer. <br />Current Finance Department policy dictates that all abandoned or unclaimed property be <br />reported annually to the Washington State Department of Revenue Unclaimed Property Section <br />through the Council approved resolution process. Moving forward, the City will also remit <br />payment to the State. In prior years, the City retained the funds and only provided notice of the <br />property to the State. <br />DISCUSSION <br />For the 2025 unclaimed property report year, reporting of abandoned or unclaimed property <br />totals $2,343.53 comprised of General Fund Accounts Payable Claims checks. <br />To the extent possible, those individuals and businesses with unclaimed accounts payable <br />claims checks have been notified by the City through "good faith" effort of being mailed due <br />diligence letters. These individuals and businesses have either not responded to the due <br />diligence notifications and/or cannot be located to claim their property. <br />RECOMMENDATION <br />The Council is being asked to approve the Resolution declaring the cancellation of unclaimed <br />General Fund accounts payable claims and consider this item on the Consent Agenda at the <br />September 15, 2025 Regular Council Meeting. <br />ATTACHMENTS <br />Draft Resolution <br />1 <br />