Loading...
HomeMy WebLinkAboutFS 2012-10-02 Item 2B - Resolution - Cancellation of Outstanding Claims, Payroll Checks, etc.TO: FROM: BY: DATE: SUBJECT: ISSUE City of Tukwila Jim Haggerton, Mayor INFORMATIONAL MEMORANDUM Mayor Haggerton Finance Safety Committee Peggy McCarthy, Finance Director Finance Department Lily Jue, Fiscal Coordinator Finance Department September 14, 2012 2012 Reporting and Remittance of Abandoned Property to the WA State Department of Revenue Unclaimed Property Section Annual write -off of outstanding and unredeemed General Fund and 411 Foster Golf Fund accounts payable claims, payroll, and Municipal Court checks as well as 411 Foster Golf Course unredeemed gift cards. BACKGROUND Each year, the City of Tukwila holds abandoned or unclaimed property that is owed either to individuals or business vendors that must be reported by November 1 st to the Washington State Department of Revenue Unclaimed Property Section. All local governments are required to report all unclaimed property except unclaimed restitution. Normal restitution is submitted to the County Treasurer each month for the Crime Victims Fund. Unclaimed restitution is then reported each year by the County Treasurer to the State Treasurer. The dormancy or abandonment period of all accounts payable claims and payroll checks is one year; Municipal Court checks have an abandonment period of two years; and Golf Course gift cards have an abandonment period of three years. Current Finance Department policy dictates that all abandoned or unclaimed property be reported and remitted annually to the Washington State Department of Revenue Unclaimed Property Section through the Council approved resolution process. The advantages to the City for remitting the funds annually to the Department of Revenue are as follows: Property remitted by the City is indemnified; The City is no longer responsible for the tracking of funds; and There is little -to -no research or contact with claimants by the City as this is now maintained through the Department of Revenue Unclaimed Property Section. DISCUSSION The annual proposed resolution totaling $7,585.12 reflects amounts deemed as abandoned or unclaimed property. For the 2012 unclaimed property report year, remittance of abandoned General Fund Accounts Payable claims checks total $613.00; 411 Golf Fund Accounts Payable checks total $125.00; payroll checks total $13.20; Municipal Court checks total $8.50; and 411 Foster Golf Course gift cards total $6,825.42. 5 INFORMATIONAL MEMO Page 2 To the extent possible, those individual property owners with unclaimed accounts payable claims, payroll, and /or Municipal Court checks of $50.00 or more, have been notified by the City through the "good faith" effort of being served due diligence letters. These individual property owners have either not responded to the due diligence notifications and /or cannot be located in order to claim their property. RECOMMENDATION The Council is being asked to approve the Resolution declaring the cancellation of unclaimed General Fund and 411 Fund accounts payable claims /payroll checks, Municipal Court checks, and 411 Foster Golf Course gift cards and forward this item to the Consent Agenda of the October 15, 2012 Regular Council Meeting. ATTACHMENTS Proposed Draft Resolution 2012 Attachment "A" to Resolution 2012 Unclaimed Property Summary Detail Report 6 WA2012 Info Memos Council \UnclaimedPropertyRes.doc A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, AUTHORIZING THE CANCELLATION OF OUTSTANDING GENERAL FUND CLAIMS AND PAYROLL CHECKS, 411 FUND FOSTER GOLF COURSE CLAIMS CHECKS, MUNICIPAL COURT CHECKS, AND 411 FUND FOSTER GOLF COURSE GIFT CARDS. WHEREAS, the State of Washington, Department of Revenue Unclaimed Property Section, for the reporting and remittance year 2012, requires a one -year dormancy period for outstanding claims and payroll checks issued from the General Government Fund and 411 Foster Golf Course Fund, a two -year dormancy period for Municipal Court checks, and a three -year dormancy period for golf course gift cards; and WHEREAS, the City of Tukwila Finance Department has made all reasonable attempts to resolve the outstanding, unredeemed General Fund and 411 Fund claims and payroll checks, Municipal Court checks and golf course gift cards; and WHEREAS, the City Council of the City of Tukwila wishes to cancel all outstanding, unclaimed General Fund and 411 Fund claims and payroll checks issued prior to July 1, 2011, Municipal Court checks issued prior to July 1, 2010, and golf course gift cards issued prior to July 1, 2009; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: The Tukwila City Council authorizes the cancellation of General Fund and 411 Fund claims and payroll checks, Municipal Court checks, and golf course gift cards as detailed on Attachment A and the 2012 Unclaimed Property Summary Detail Report. W: \Word Process ing \Resolutions \Cancellation of outstanding claims and checks 9 -17 -12 LJ:bjs Page 1 of 2 7 PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 2012. ATTEST /AUTHENTICATED: Christy O'Flaherty, MMC, City Clerk Verna Seal, Council President APPROVED AS TO FORM BY: Shelley M. Kerslake, City Attorney Filed with the City Clerk: Passed by the City Council: Resolution Number: Attachment A: WA State Department of Revenue 2012 Unclaimed Property Reporting, including 2012 Unclaimed Property Summary Detail Report W: \Word Processing \Resolutions \Cancellation of outstanding claims and checks 9 -17 -12 LJ:bjs Page 2 of 2 i Municipal Various Various Court 411 Foster Golf Course Claims 355713 10/04/10 411 Foster Golf Course Gift Cards Various Various Toted General Fund Payroll Checks Aggregate- Various (COZO't Checks under $50) Total Municipal Court Checks General Fund Grand Total All Checks: Harold Fowler Total 411 Fund Claims Checks: 181 qty. miscellaneous gift cards Total 411 Golf Course Gift Cards: GRAND TOTAL: Reporting and remittance summary Total Claims, Payroll, all other Municipal Court Checks, Golf Gift Cards to WA State DOR Municipal Court Unclaimed Restitution, Check Nos. remitted to County Treasurer Grand Total to be Reported Remitted to WA State DOR/County Treasurer: UHi11 $123.00 160.00 200.00 130.00 $613.00 S13.20 $13.20 $8.50 $8.50 $634.70 S125.00 $125.00 56,825.42 $6,825.42 $7,585.12 $7,585.12 0.00 $7,585.12 I Attachment "A" WA State Department of Revenue 2012 Unclaimed Property Reporting ID NUMBER DATE VENDOR 000 General Fund Claims Various Various Aggregate Various (Claims Checks under $50) 4354527 07/19/10 Gah Htoo 355824 10/18/10 Mubarak Hassan 356498 12/30/10 EBC Total General Fund Claims Checks Payroll Various Various Aggregate- Various (Payroll Checks under $50) Municipal Various Various Court 411 Foster Golf Course Claims 355713 10/04/10 411 Foster Golf Course Gift Cards Various Various Toted General Fund Payroll Checks Aggregate- Various (COZO't Checks under $50) Total Municipal Court Checks General Fund Grand Total All Checks: Harold Fowler Total 411 Fund Claims Checks: 181 qty. miscellaneous gift cards Total 411 Golf Course Gift Cards: GRAND TOTAL: Reporting and remittance summary Total Claims, Payroll, all other Municipal Court Checks, Golf Gift Cards to WA State DOR Municipal Court Unclaimed Restitution, Check Nos. remitted to County Treasurer Grand Total to be Reported Remitted to WA State DOR/County Treasurer: UHi11 $123.00 160.00 200.00 130.00 $613.00 S13.20 $13.20 $8.50 $8.50 $634.70 S125.00 $125.00 56,825.42 $6,825.42 $7,585.12 $7,585.12 0.00 $7,585.12 I 2012 unclaimed property summary detail report 2012 report year summary