This report provides an update on all non-utility accounts receivable balances billed centrally, including recurring receivable and installment accounts.
The report has the following components:
- Staff Report
- Exhibit I -- Accounts Receivable Summary
(Includes total amounts billed and collected during the quarter.)
- Exhibit II -- Gambling Delinquency Detail
- Exhibit III -- Local Improvement District (LID) Receivables
The outstanding balance of recurring receivables billed through Central Billing as of December 31, 2018 is $1,037,622 which includes $1,016,998 for General receivables and $20,624 for Gambling Taxes. The outstanding balance as of 2017 was $638,802; the 2018 increase is largely simply timing of payments for intergovernmental fire charges from other cities.
The outstanding balance for Installment Accounts that have been billed as of December 31, 2018 is $142,955 for LID Assessments. The outstanding balance as of 2017 was $185,730.
Staff bills monthly, quarterly or annually, depending on the nature of the service, and collects, reports and follows up accordingly. The Utility Services Manager reviews balances, processes and any exceptions monthly with the Director of Finance and Budget. As the attached report describes, different categories of accounts receivable have different collection requirements. |