Legislation Details

File #: 25-2065    Version: 1 Name:
Type: Financial Authorization Status: Passed
File created: 3/19/2025 In control: Commissioners Court
On agenda: 3/27/2025 Final action: 3/27/2025
Title: 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.
Attachments: 1. 25-2065-0347_1_25-1054 14. Treasury Position Forms 3441.pdf

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):

title

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.

end

 

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 Plan Objective: N/A

Justice/Safety Initiative (Goal 1):  N/A

Infrastructure Initiative (Goal 2):  N/A

Economy Initiative (Goal 3): N/A

Health Initiative (Goal 4): N/A

Climate/Resilience Initiative (Goal 5): N/A

Housing Initiative (Goal 6): N/A

 

Additional notes related to the Strategic Plan: Customer Service

 

Prior Court Action (if any):

Date

Agenda Item #

Action Taken

2/06/2025

347

Approval of one position based on OMB and OCA recommendation

 

Location:

Address (if applicable):

Precinct(s): Choose an item.

 

Fiscal and Personnel Summary

Service Name

 

 

 

Current Fiscal Year Cost

Annual Fiscal Cost

 

Labor

Non-Labor

Total

Recurring Expenses

Funding Sources

 

Existing Budget

 

 

 

 

Choose an item.

$

$

$

$

Choose an item.

$

$

$

$

Choose an item.

$

$

$

$

Total Existing Budget

$

$

$

$

Additional Budget Request (Requires Fiscal Review Request Form)

 

Other - Escheatment Fund (6250)

$35,000

$0

$35,000

$

Choose an item.

$

$

$

$

Choose an item.

$

$

$

$

Total Additional Budget Request

$35,000

$0

$35,000

$

Total Funding Sources

$

$

$

$

Grants - Proposed Budget (For Grants Items only)

 

Labor

Non-Labor

Total

No. of Grant Years

Local Match Source - Existing Budget: Choose an item.

$

$

$

 

Local Match Source - Additional Budget Request: Choose an item.

$

$

$

 

Grant Funds Applied for/Awarded (Total)

$

$

$

 

Personnel (Fill out section only if requesting new PCNs)

 

Current Position Count for Service

-

-

-

-

Additional Positions Request

-

-

-

-

Total Personnel

-

-

-

-

 

Anticipated Court Date: 3/27/2025

Anticipated Implementation Date (if different from Court date): Click or tap to enter a date.

 

Emergency/Disaster Recovery Note: Not an emergency, disaster, or COVID-19 related item

 

Contact(s) name, title, department: Markine Dorch, 1st Assistant Treasurer, Treasurer Department

 

Attachments (if applicable):