Fla. Admin. Code R. 12D-11.009

Current through Reg. 50, No. 222; November 13, 2024

Section 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.

Fla. Admin. Code Ann. R. 12D-11.009

Rulemaking Authority 195.027(1), 213.06(1) FS. Law Implemented 195.087, 213.05, 218.36 FS.

New 10-12-76, Formerly 12D-11.09.

New 10-12-76, Formerly 12D-11.09.