File #: TAXR 24-001    Version: 1 Name:
Type: Tax Refund Status: Agenda Ready
File created: 1/26/2024 In control: City Council
On agenda: 2/20/2024 Final action:
Title: Approval of tax refund to B1 Bank in the amount of $5,467.28 due to an payment made in error.
Sponsors: Finance

Title

Approval of tax refund to B1 Bank in the amount of $5,467.28 due to an payment made in error.

 

Body

Summary: 

Section 31.11 of the Texas Property Tax Code requires that all refunds exceeding $500 be approved by the governing body prior to the issuance of a check to the payee. The following refund is pending:

 B1 Bank in the total amount of $5,467.28 due to a payment made in error on an account the bank no longer holds mortgage on. (Acct. #043-148-000-0015).

 

Fiscal/Budgetary Impact: 

N/A.

 

Recommended action

Approve the tax refund to B1 Bank.