HomeMy WebLinkAboutR-2018-139 Write-Off of Uncollectable Central Accounts Receivables RESOLUTION NO. R-2018-139
A RESOLUTION authorizing the write-off of certain uncollectable central
accounts receivables for the City of Yakima
WHEREAS, the attached listing of accounts is recommended for write-off
by the City of Yakima in connection with central accounts receivable of the City
These past due accounts of the general fund of the City have been deemed
ready for write-off due to (1) the age of the account is past the statute of
limitations for collecting such accounts, (2) bankruptcy; (3) the account is
otherwise uncollectable It is recommended that these accounts be written-off
(removed from the accounts receivable of the City) by City Council, now,
therefore
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA:
The attached "Central Accounts Receivable 2018 Write-Off List", is
hereby approved, and the past due accounts receivable, consisting of 22
invoices and 9 accounts totaling an original amount of$3,177 95 are hereby
written off and cancelled
ADOPTED BY THE CITY COUNCIL this 11th day of December, 2018
Kathy Coffey, M4oW I
ATTEST:
qi (), 111.k ' A
Sonya Cla r Tee, City Clerk.: • =d A #0
to\'4\lyy tbxk ik 1
PPP
+� PPP
d g.
A
ittYlltYlt.\ta.
BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT
Item No. 6.F.
For Meeting of: December 11, 2018
ITEM TITLE: Resolution authorizing certain uncollectable central accounts
receivables to be written-off
SUBMITTED BY: Steve Groom, Director of Finance and Budget
SUMMARY EXPLANATION:
Attached is a Resolution authorizing the write-off of certain uncollectible accounts. Outstanding
Central Receivable accounts will remain in the City's accounts receivable records until such time
as they are paid or written off according to state regulation. The attached write-off list includes 9
accounts totaling $3,177.95.
Following city staff collection efforts and collections notice, accounts were sent to collections
agency; these are what remain unpaid. Delinquent accounts for which collection efforts have been
terminated are analyzed at the end of 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; 3,023.46
2. Bankruptcy(discharge of debt); None
3. Company no longer exists and collection efforts have failed; $154.49
4. Other; None
With approval of this Resolution by Council, these accounts will be removed from the City's
accounts receivable records.
ITEM BUDGETED: NA
STRATEGIC PRIORITY: Public Trust and Accountability
APPROVED FOR
SUBMITTAL: City Manager