Attached is a Resolution authorizing the annual write-off of uncollectable parking accounts.
Following city staff collection efforts and collection notices, accounts were sent to a collection agency; these are what remain unpaid after six years. A total of 25 citations totaling $1,994.02 (including penalties), are included for write-off with this resolution. Delinquent accounts for which collection efforts have been terminated are analyzed each year to determine eligibility for write-off. Accounts meeting the criteria listed below are included on the proposed write-off list which is attached:
1.
The Statute of Limitations (six (6) years or older) has been met; $1924.02
2.
Bankruptcy (discharge of debt); $70.00
Parking citations are not booked as revenue until payment is received. This is presented to council in order to maintain transparency. |