Florida Administrative Code
12 - DEPARTMENT OF REVENUE
12D - Property Tax Oversight Program
Chapter 12D-11 - BUDGETS
Section 12D-11.008 - Distribution of Excess Funds - Tax Collectors
Current through Reg. 50, No. 187; September 24, 2024
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.
Rulemaking Authority 195.027(1), 213.06(1) FS. Law Implemented 195.087, 213.05, 218.36 FS.
New 10-12-76, Formerly 12D-11.08.
