Loading...
HomeMy WebLinkAboutR-2025-045 Resolution authorizing the write-off of certain uncollectable utility accounts receivablesItem No. 7.D. For Meeting of: March 4, 2025 ITEM TITLE: Resolution authorizing the write-off of certain uncollectable utility accounts receivables SUBMITTED BY: Mike Bailey, Interim Director of Finance & Budget *Anabel Chavez, Utility Customer Services Manager BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT SUMMARY EXPLANATION: Attached is a resolution authorizing the write-off of certain uncollectable accounts receivable owed to the City’s Water, Irrigation, Wastewater, Solid Waste, and Storm water Divisions. A total of 676 accounts totaling $188,309.51 have 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. The $188,309.51 represents less than 1% (.78%) of the dollars billed that year. The utility divisions currently reserve 1% of their monthly billing for bad debt. Since this is within the amount reserved, the fund balances will not be decreased by this write-off. The resolution (attached) identifies the dollar amount by each utility division to be discharged. ITEM BUDGETED: N/A STRATEGIC PRIORITY 24-25: A Resilient Yakima RECOMMENDATION: Adopt Resolution. ATTACHMENTS: 2025 Utility Writeoff Resolution.docx 60