ENTRY NO. 29 – CONDEMNATION DEPOSIT IS RETURNED - 10529

Purpose: This entry is made to return the deposit in the Condemnation Deposits Fund to the agency/department's fund and appropriation after the agency/department has made payment to the grantor (property owner) from funds under its own control. Upon request, the State Controller's Office (SCO) will transfer the amount of the deposit back to the agency/department's fund and appropriation.

References: SAM sections 6866 and 8610.6.

Record Return of Funds for Condemnation Proceedings

Note:

1. Record amount of abatement from the Condemnation Deposits Fund to the agency/department fund and appropriation.
2. Reverse amount accrued due from the Condemnation Deposits Fund not returned by June 30 of the prior year.