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HomeMy WebLinkAboutMINUTES - 08061991 - 1.114 T ' THE BOARD OF COMMISSIONERS, HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA RESOLUTION NO. 3614 AUTHORIZING COLLECTION LOSS WRITE-OFF WHEREAS, certain accounts of vacated tenants have been determined to be uncollectibleby management, and; WHEREAS, a majority of, these tenants accounts have been, or will be turned over to a coljlection agency for continuing collection efforts; NOW, THEREFORE, BE IT iRESOLUED by the Board of Commissioners of the Housing Authority of ;the County of Contra Costa that the following amounts be written off for collection loss for the quarter ending June 30, 1991: Conventional Program Dwelling Rent,. $ 7,545.18 Legal Charges 2,515.50 Maintenance 9! Other Surcharges 3,401.76 $13,462.44 ADOPTED ON August 6 , 199.1 by the following vote of the Commissioners: AYES: Commissioners Fanden , Schroder , McPeak, Torlakson, Powers NOES: None ABSENT: None ABSTAIN: None i cc: County Administrator County Counsel Housing Authority, I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date hown. �f ATTESTED: PHIL BAT CHEL R,Clerk of the Board of Supervisors and County Administrator 8j C �/ '1� .�—P" .Deputy HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA �� � TO: BOARD OF COMMISSIONERS DATE: August 6, 1991 FROM: Perfecto Villarreal , Executive Director cc: SUBJECT: COLLECTION LOSS WRITE-OFF FOR THE QUARTER ENDING JUNE 30,1991 I. RECOMMENDED ACTION: Adopt Resolution No. 3614 approving collection loss write-off in the amount of $13,462.44 for the quarter ending June 30, 1991, as recommended by the Advisory Housing Commission. II. FINANCIAL IMPACT: Uncollectible accounts impact on the budget by reducing total rental income. At the end of each quarter, the Housing Authority takes action to write off those accounts which have been determined to be uncollectible. For the quarter ending June 30, 1991, a collection loss write-off in the amount of $13,462.44 is recommended. III. REASONS FOR RECOMMENDATION/BACKGROUND: This collection loss is for the Conventional Program. The requested collection loss write-off reflects a total of 16 accounts that are being recommended for write- off, representing an average of $841.40 per account. The following chart illustrates the collection losses per quarter for the past four quarters: Conventional Program 03/91 $11,660.05 12/90 $ 2,756.43 09/90 $ 8,760.23 06/90 $12,202.70 Prior to submission of an account for write-off, the staff makes every effort, including referral to a collection agency, to collect money that is owed the Housing Authority. At its Regular Meeting on July 15, 1991 the Advisory Housing Commission approved the collection loss write-off in the amount of $13,462.44 and recommended adoption of Resolution No. 3614, authorizing collection loss write-off, by the Board of Commissioners. CONTINUED ON ATTACHMENT: YES SIONATURE: ZA-t" l� RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON AUG 6 IS I APPROVED AS RECOMMENDED OTHER VOTE OF COMMISSIONERS UNANIMOUS (ABSENT ) I HEREBY CERTIFY THAT THIS A TRUE AND AYES: NOES: CORRECT COPY OF AN ACTION TAKEN AND ABSENT: ABSTAIN: ENTERED ON THE MINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN. CC: ATTESTED AUG 19�� Phil Batchelor, Clerk of the Board of Commissioners M3e2/7-e3 BY DEPUTY Board of Commissioners August 6, 1991 Page -2- IV. CONSEQUENCES OF NEGATIVE ACTION: Should the Board of Commissioners elect to not adopt Resolution No. 3614, these accounts would inflate the total accounts receivable for the Housing Authority and present a distorted financial picture.