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| DATE:
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5/17/2016 7:00:00 PM |
| SUBJECT: |
| Council Consideration to Write Off Bad Debt on Uncollectible General Billing Accounts in the Amount of $9,492.68. |
| BACKGROUND: |
Each year there is a need to write off uncollectible debt for General Billing (Accounts Receivable) Accounts. Every effort is taken to collect on past due accounts regarding various billing such as compost, building permits, damages to City property, etc.
According to the Collection Professionals Agency, all efforts regarding collection have been exhausted. These accounts have met the statute of limitations.
Following is an itemization of the write-offs:
William Brown, $198.11 for unpaid 2005 & 2007 nuisance abatement charges.
Jett 5 Construction, $8,764.57 for unpaid 2009 plant investment fees (tap fees) and building permits. After submission to Collection Professionals, Jett 5 Construction filed for bankruptcy, discharging the debt.
Curtis Lees, Sr., $30.00 for unpaid 2009 compost charges.
Craig & Sharon Rang, $500.00 for unpaid 2007 nuisance abatement charges. |
| SUGGESTED MOTION: |
| I move for Approval for the Write-Off of Bad Debt on Uncollectible General Billing Accounts in the Amount of $9,492.68. |
| STAFF REFERENCE: |
| Tom Pitlick, Finance Director |
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