Primary Department: Treasurer
Primary Department Head/Elected Official: Dr. Carla L. Wyatt, Harris County Treasurer
Secondary Department: Choose an item.
Secondary Department Head/Elected Official:
Regular or Supplemental RCA: Supplemental RCA
Type of Request: Financial Authorization
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable):N/A
MWBE Contracted Goal (if applicable): N/A
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: N/A - Goal not applicable to request
Grant Indirect Costs Rate (if applicable): N/A
Justification for 0% Grant Indirect Costs Rate (if applicable): N/A - Not a grant item
Request Summary (Agenda Caption):
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Request by the County Treasurer for approval to transfer $35,000 of surplus funds held in the Treasurer's Escheatment Fund (Fund 6250) into the General Fund (Fund 1000) to cover the cost of the approved Clerk III position for the remainder of the fiscal year.
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Background and Discussion:
On February 6, 2025, the Treasurer's Office requested approval for the addition of five (5) full-time positions due to the increased scope of duties and responsibilities and to be in compliance with Texas Property Code Chapter 76. On February 6, 2025, Commissioner's Court approved (1) position for the Treasurer's Office using Fund 6250. OMB and OCA have recommended that the Treasurer's Office transfer $35,000 in interest from Fund 6250 that is not needed to pay unclaimed property claims into Fund 1000 to create new position.
Expected Impact:
This position will solely be responsible for all administering the unclaimed property process under Texas Property Code Chapter 76, which requires the Treasurer's Office to develop an unclaimed property program for the reporting, delivery, public notification, claims processing, enforcement and accounting of the reported unclaimed property.
Alternative Options: N/A
County Strategic Plan Goal: N/A
County Strategic P...
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