City Council

(21) 21­0821 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to two escheatments of $363,244.61 and $1,765,417.60 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 sums of $363,244.61 and $1,765,417.60 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 Chief Legislative Analyst nor the City Administrative Officer has completed a financial analysis of this report.