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HomeMy WebLinkAboutR-2023-035 Resolution authorizing the write-off of certain uncollectable central accounts receivablesRESOLUTION NO. R-2O2 -035 A RESOLUTION authorizing the write-off of certain uncollectable cent r l 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 receivables of the City and a 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 uncolllectible and WHEREAS, accounts receivable has a detailed listing of 16 uncollectable delinquent accounts totaling $4219.46 to be discharged by City Council action, now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKI A: The delinquent 16 accounts for accounts miscellaneous receivable billings totaling $4,219.46 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 7th day of March, 2023 BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 6.E. For Meeting of: March 7, 2023 ITEM TITLE: Resolution authorizing the write-off of certain uncollectable central accounts receivables. SUBMITTED BY: Jennifer Ferrer -Santa Ines, Director of Finance and Budget* James Dean, Utility Customer Services Manager SUMMARY EXPLANATION: 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. ITEM BUDGETED: Yes STRATEGIC PRIORITY: Public Trust and Accountability APPROVED FOR SUBMITTAL BY THE CITY MANAGER RECOMMENDATION: Adopt Resolution ATTACHMENTS: 2 Description Upload Date Type Ri,soluticn 14;`2023 Rerolution 610