RECOMMENDATION(S):
APPROVE and AUTHORIZE the Auditor-Controller to issue a refund of overpayment of documentary transfer tax totaling $100,002.10 to specified parties.
FISCAL IMPACT:
The recommendation will result in a reduction of $100,002.10 to the County General Fund: $99,995.50 is from the 2020-2021 fiscal year and $6.60 is from the 2021-2022 fiscal year.
BACKGROUND:
The County Clerk-Recorder received incorrect payment of documentary transfer tax from the following parties in the amounts listed below:
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