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Meeting Date:	01/28/2019
Fiduciary Funds for Tax Office
Submitted for:	Lizette Torres	Submitted By:	Lizette Torres
Department:	Auditor

Subject:

Discussion and possible action to create additional custodial fiduciary funds for the Tax Assessor/Collector for motor vehicle tax collections and taxing entities jurisdictions; and any other matters incident thereto.

Issue: The Tax Assessor/Collector has one custodial fiduciary fund for motor vehicle tax collections and taxing entities jurisdictions.

Solution: Create custodial fiduciary funds to account and segregate resources related to specific activities or purpose by fund.

Result: To account for Tax Assessor/Collector tax collections receipts and the distributions to the County funds and other taxing jurisdictions by fund.

Background:

n/a

Previous Court Action:

n/a

Fiscal Impact

Budget Account Number:	n/a
Funding Source:	n/a
Balance:	n/a
Financial Impact:
n/a

Attachments
Custodial Fiduciary