Subject:
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Consider request to write off delinquent utility accounts and accounts receivable accounts
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Presented By: Mike Collins, Director of Public Utilities.
Recommendation and Review
The Director of Public Utilities is requesting approval to write off 260 utility accounts that the City incurred as accounts receivable between January 1, 2012 and December 31, 2012. The total value of these accounts is $40,841.08 or 0.283% of the total billings for that period. Also requesting approval to write off 2 uncollected accounts receivable accounts with a total value of $938.87 or 0.5% of the total billings during the period January 2010 through June 2012.
These write offs are for accounting purposes only as these accounts will still be pursued by the collection agency. All amounts can be re-entered into the system should they become collectable. These accounts have been thoroughly reviewed by Public Utilities, Finance, and Real Estate.