Agenda

Return

C. 86

To:	Board of Supervisors
From:	Joseph E. Canciamilla, Clerk-Recorder
Date:	February 3, 2015

Contra

Costa

County

Subject:

Refund Overpayment of Transfer Tax

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 02/03/2015

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Mary N. Piepho, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor

Contact:

925-335-7917

I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown.
ATTESTED: February 3, 2015
David Twa,

BY:	, Deputy

RECOMMENDATION(S):

APPROVE the refund of overpayment of documentary transfer tax totaling $15,323; and AUTHORIZE the County Auditor-Controller to issue refunds to specified parties, as recommended by the Clerk-Recorder.

FISCAL IMPACT:

$15,323.00 reduction to the County General Fund. $14,509 is from the 2012-2013 fiscal year and $814 is from the 2013-2014 fiscal year.

BACKGROUND:

One overpayment was due to a miscalculation regarding the value of the property in question and the other overpayment was due to the County Clerk-Recorder receiving duplicate payment for documentary transfer tax. The following parties overpaid documentary transfer tax in the amounts listed below:

BACKGROUND: (CONT'D)

Placer Title Company 1333 N. California Blvd., Suite 100 Walnut Creek, CA 94596	Series #2013-0191611	$ 814
Loja Pleasant Hill, LLC. 351 California St. #900 San Francisco, CA 94104	Series #2013-0060986	$14,509

CONSEQUENCE OF NEGATIVE ACTION:

Failure to reimburse the parties would cause them to pay more than legally required for documentary transfer tax.

CHILDREN'S IMPACT STATEMENT:

Not applicable.