Attached is a resolution authorizing the write-off of certain uncollectable accounts. A total of 46 invoices representing 16 accounts totaling $4,219.46 have been identified for write-off, since the last write-off was done in February of 2020.
Delinquent accounts are recommended for write-off for various reasons, including:
1) The Statue of Limitations (six (6) years or older) has been met;
2) Bankruptcy (discharge of debt);
3) Death of debtor; and
4) Accounts have been sent to a collection agency and returned as uncollectable.
The large majority of the write-offs meet the 6-year statute of limitations which relate to the billings done in 2016. Accounts meeting the above listed criteria are included on the proposed, attached write off list.
With approval of this resolution by Council, the accounts will be removed from the City’s accounts receivable records. |