Share to Facebook Share to Twitter Bookmark and Share
File #: 22-710   
Status: Agenda Ready
In control: Finance - Records, Taxes, and Treasury Division
On agenda: 5/24/2022 Final action:
Title: A. MOTION TO APPROVE cancellation of warrants from Central Account No. xxxxxxxxx3785, Tax Refund Account No. xxxxxxxxx9850, Tax Redemption Account No. xxxxxxxxx0916, and Self-Insurance Account No. xxxxxxxxx0518, due to having a stale date, being unclaimed, or not being negotiated. ACTION: (T-10:29 AM) Approved. VOTE: 8-0. Commissioner Ryan was not present. B. MOTION TO APPROVE cancellation of warrants from Central Account No. xxxxxxxxx3785 and Tax Refund Account No. xxxxxxxxx9850, due to being voided. Checks have been reissued. ACTION: (T-10:29 AM) Approved. VOTE: 8-0. Commissioner Ryan was not present.
Attachments: 1. Exhibit 1 - List of Stale Dated, Unclaimed, or Not-Negotiated Checks, 2. Exhibit 2 - List of Reissued Checks, 3. Exhibit 3 - Warrants Memorandum dated April 21, 2022
Date Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.
Broward County Commission Regular Meeting
Director's Name: George Tablack
Department: Finance and Administrative Services Division: Records, Taxes, and Treasury

Information
Requested Action
title
A. MOTION TO APPROVE cancellation of warrants from Central Account No. xxxxxxxxx3785, Tax Refund Account No. xxxxxxxxx9850, Tax Redemption Account No. xxxxxxxxx0916, and Self-Insurance Account No. xxxxxxxxx0518, due to having a stale date, being unclaimed, or not being negotiated.

ACTION: (T-10:29 AM) Approved.

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

B. MOTION TO APPROVE cancellation of warrants from Central Account No. xxxxxxxxx3785 and Tax Refund Account No. xxxxxxxxx9850, due to being voided. Checks have been reissued.

ACTION: (T-10:29 AM) Approved.

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


body
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
No

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 eventual escheating to the State of Florida, as required by Florida Statutes. These warrants have been outstanding for over six months and now meet the time requirement for voiding according to the conventions governing negotiable instruments followed by banking industry practice. Motion A removes old checks from outstanding lists in preparation for eventua...

Click here for full text