City Council

(8) 21­0821 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to an escheatment of $819,824.46 from the Unclaimed Monies Seized Incidental to Arrest Trust Fund (UMSIATF) No. 7772 to the City's General Fund. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. INSTRUCT the Los Angeles Police Department and the City Treasurer to process the sum of $819,824.46 from the UMSIATF No. 7772. 2. REQUEST the Controller to TRANSFER all identified eligible monies to the General Fund, Fund No. 100/70, Revenue Source Code No. 4834. Fiscal Impact Statement: None submitted by the Office of Finance. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report.