12D-11.008. Distribution of Excess Funds - Tax Collectors

The distribution of excess fees for each governmental unit shall be that portion of the excess fees that its fee payment represents to the officer’s total fee income. In calculating this ratio, extend to five significant decimals. This will result in a percentage followed by three decimals; for example: $15,769 = 0.02725 = 2.725% $578,639 All taxing authorities share in this distribution. In some instances, such a proration will not equal the total excess fees on hand. This is the result of miscellaneous income to the office from sources other than those who were originally billed, such as state agencies paying some portion of the total fees, and sale of RP tags. In such cases, this balance, after the division and distribution pursuant to statutory provisions, shall be paid to the County General Fund. An example is given, assuming the following facts: (1) Total fee income was $100,000. (2) Excess fees were $10,000. (3) The county and special districts A, B and C are the governmental units concerned. % of Total Dollar Amount Fee Income of Fees Paid County 65.000% $65,000 Special District A 5.000% 5,000 Special District B 5.000% 5,000 Special District C 5.000% 5,000 State Agencies 20.000% 20,000 Total $100,000 Distribution of excess fees to governmental units. County 65.000% $6,500 Special District A 5.000% 500 Special District B 5.000% 500 Special District C 5.000% 500 Total amount distributed based on % of fees paid in proportion to total fee income $8,000 Amount of Excess Fees $10,000 Amount of Excess Fees distributed $8,000 Difference $2,000 The difference of $2,000 would be paid to County General Fund.