FISCAL IMPACT:
This is a request to refund $493.90 of over-collected funds. Both the over-payment and reimbursement of documentary transfer tax are from fiscal year 2013-2014 general fund.
BACKGROUND:
A grant deed was recorded and transfer tax was collected. After recording, it was discovered that the deed had been recorded in error.
CONSEQUENCE OF NEGATIVE ACTION:
Failure to reimburse the party would cause them to pay more than legally required for documentary transfer tax.
CHILDREN'S IMPACT STATEMENT:
Not applicable.