AGENDA REQUEST
(GENERAL)
Agenda Item 17.
(GENERAL)
Agenda Item 17.
| Meeting Date: | 05/28/2024 |
| Item Title: | 2024 Unclaimed Property - Capital Credits |
| Submitted For: | Tracy Barrera, County Auditor |
Discuss and/or take appropriate action concerning:
| Tracy Barrera: | Discuss and/or take appropriate action to approve the submission of the Unclaimed Property Capital Credits for Counties and, if approved, authorize County Judge Weldon P. Cude to sign the attached. |
Recommendation/Action Requested and Justification
This is an annual process, in conjunction with Local Government Code, Section 381.004, Texas Property Code, Section74.602 authorizes the Texas Comptroller of Public Accounts (Comptroller’s office) to allocate a portion of the unclaimed capital credits received from electric cooperatives back to the counties in the cooperatives’ service area.