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HomeMy WebLinkAboutMINUTES - 07281992 - 1.68 d� THE BOARD OF COMMISSIONERS, HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA RESOLUTION NO. 3649 AUTHORIZING COLLECTION LOSS WRITE-OFF WHEREAS, certain accounts of vacated tenants have been determined to be uncollectible by management, and; WHEREAS, a majority of these tenants accounts have been, or will be turned over to a collection agency for continuing collection efforts; NOW, THEREFORE, BE IT RESOLVED 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, 1992: Conventional Program Dwelling Rent $ 9,376.69 Legal Charges 336.00 Maintenance & Other Surcharges 5,357.54 $15,070.23 ADOPTED ON July 28 , 1992 by the following vote of the Commissioners: AYES: Commissioners Powers , Fanden, Schroder , Torlakson, McPeak NOES: None ABSENT: None ABSTAIN: None I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of th,3 Board of Sunerviscos on the date shown. cc: County Administrator ATTESTPA HELO HIL BR, Jerk of the Boars County Counsel Housing Authority of Supervi ors and county Administrator ,Deputy � s 68 HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA TO: BOARD OF COMMISSIONERS DATE: July 28, 1992 FROM: Richard J. Martinez, Acting Interim Executive Director SUBJECT: COLLECTION LOSS WRITE-OFF FOR THE QUARTER ENDING JUNE 30, 1992 I. RECOMMENDED ACTION: Adopt Resolution No. 3649 approving collection loss write-off in the amount of $15,070.23 for the quarter ending June 30, 1992, 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, 1992, a collection loss write-off in the amount of $15,070.23 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 17 accounts that are being recommended for write- off, representing an average of $886.48 per account. The following chart illustrates the collection losses per quarter for the past four quarters.: Conventional Program 03/92 $9,309.49 12/91 $ 9,574.36 09/91 $ 6,380.89 06/91 $13,462.44 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. CONTINUED ON ATTACHIMKHTI YK9 810NAT{lPE� RECOMMENDATIO" OF EXECUTIVE DIRECTOR "CCOMMENDATION OY BOARD COM TTEE �..APPROVE OTHER SIGNATURSIS) ACTION OV BOARD ON APPROVED AD RECOMMENDED OTHER VOTE OF COMMISSIONERS ....f7... UNANIMOVS (A88ENT I HEREBY CERTIFY THAT THIS A TRUE AND AYESt NOES: CORRECT COPY OF AN ACTION TAKEN AND ABSIENTt ABSTAIN: ENTERED ON THE AINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN. CCs ATTESTED " A J_ °2 P 1 Bot he)or, Clerk of the Board of Commissioners Ma®e/eats BY • DEPUTY Board of Commissioners July 28, 1992 Page -2- At its Regular Meeting on July 20, 1992 the Advisory Housing Commission approved the collection loss write-off in the amount of $15,070.23 and recommended adoption of Resolution No. 3649, authorizing collection loss write-off, by the Board of Commissioners. IV. CONSEQUENCES OF NEGATIVE ACTION: Should the Board of Commissioners elect to not adopt Resolution No. 3649, these accounts would inflate the total accounts receivable for the Housing Authority and present a distorted financial picture.