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HomeMy WebLinkAbout03/04/2025 07.C. Resolution authorizing the write-off of certain uncollectable central accounts receivables ii! 'I!I/ BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 7.C. For Meeting of: March 4, 2025 ITEM TITLE: Resolution authorizing the write-off of certain uncollectable central accounts receivables SUBMITTED BY: Mike Bailey, Interim Director of Finance & Budget *Anabel Chavez, Utility Customer Services Manager SUMMARY EXPLANATION: Attached is a resolution authorizing the write-off of certain uncollectable accounts. A total of 48 invoices representing 48 accounts totaling $3,200.00 has been identified for write-off, since the last write-off was done in April of 2024. Delinquent accounts are recommended for write-off for various reasons, including: • The Statue of Limitations (six (6) years or older) has been met • Bankruptcy (discharge of debt); • Death of debtor; and • 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 2018. 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 for the City's accounts receivable records. ITEM BUDGETED: N/A STRATEGIC PRIORITY 24-25: A Resilient Yakima RECOMMENDATION: Adopt Resolution. ATTACHMENTS: 2025 Central Accounts Receivable Writeoff Resolution.docx 58 RESOLUTION NO. R-2025- A RESOLUTION Authorizing the write-off of certain uncollectable central accounts receivables for the City of Yakima. WHEREAS, Utility Services Division of the City of Yakima manages the billing process for the City's central account receivables, and WHEREAS, the past dues accounts have been deemed eligible for write off due to: (1) age of the account has reached the 6-year statute of limitations; (2) account has been returned from collection or otherwise been deemed uncollectible and WHEREAS, accounts receivable has a detailed listing of 48 uncollectable delinquent account totaling $3,200.00 to be discharged by City Council action, now, therefore. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: The delinquent 48 accounts for accounts miscellaneous receivable billings totaling $3,200.00 are hereby recognized by the City Council as uncollectable and the Director of Finance & Budget or his/her designee is hereby authorized to write off these debts accordingly. ADOPTED BY THE CITY COUNCIL this_day of , 2025. Patricia Byers, Mayor ATTEST: Rosalinda Ibarra, City Clerk 59