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Santa Rosa ISD to receive $44,072.74 in excess proceeds from tax foreclosure distribution
Summary
A court order and accompanying documents in the board packet show Cameron County distributed $44,072.74 to Santa Rosa ISD as the district's share of excess proceeds from a tax sale (Suit No. 2013‑DCL‑02564).
The board packet included an attorney letter and a district-court order showing distribution of excess proceeds from a tax foreclosure sale. The order (Suit No. 2013‑DCL‑02564) directed disbursal of $61,212.14 in excess proceeds among taxing entities; the portion identified for Santa Rosa ISD was $44,072.74. Documents in the packet included the court order, the sheriff's tax deed and a trust-account disbursement check showing Santa Rosa ISD as payee for $44,072.74.
The attorney who filed the distribution motion (Linebarger Goggan Blair & Sampson, LLP) explained in an accompanying letter that excess proceeds arise when sale bids exceed the judgment amount and, where no valid owner/lienholder claim is established within two years, the funds are distributed to taxing units. The board packet listed the check and the court order as part of the financial materials; CFO Marisa Cuevas presented the item in the financial reports section.
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