12D-11.009. Distribution of Excess Funds - Property Appraisers

The distribution of excess funds shall be distributed to each governmental unit in proportion to amounts billed and paid. In calculating this ratio, extend to five significant decimals. This will result in a percentage followed by three decimals; for example: $15,769 $578,639 = 0.02725 = 2.725% (A) (C) Billed for Budget Total Billed Paid Refund Due (D) Distribution A/R A/P CC $85,000 $85,000 $85,000 $13,632 $10,099 $_____ $3,533 (80.189%) (84.158%) A 7,000 7,000 7,000 1,123 832 _____ 291 (6.604%) (6.931%) B 8,000 8,000 3,000 1,283 356 5,000 927 (7.547%) (2.970%) Spec. C – 0 – (B) 6,000 6,000 962 713 _____ 249 (5.660%) (5.941%) ___________ ___________ ________ ______ ________ _____ _____ $100,000 (B) $106,000 $101,000 $17,000 $12,000 $5,000 $5,000 Upon collection of Accounts Receivable, clear Accounts Receivable, Accounts Payable, and credit any remaining balances to subsequent billings, if applicable. (a) Billed per Section 192.091(1), F.S. (b) Billings other than under Section 192.091(1), F.S. (c) Prorated on basis of “Total Billed.” (d) Prorated on basis of “Paid.” Credit these amounts to subsequent period billings if the district is subject to billing for the following fiscal period.