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HomeMy WebLinkAboutMINUTES - 12172013 - HA C.5RECOMMENDATIONS ADOPT Resolution No. 5169 to approve collection loss write-offs in the public housing program in the amount of $25,527.32 for the quarter ending September 30, 2013. BACKGROUND This collection loss is for the public housing program. The requested collection loss write-off reflects a total of 12 accounts that are recommended for write-off. The following chart illustrates the collection losses per quarter for the past four quarters: Action of Board On: 12/17/2013 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF COMMISSIONERS AYE:John Gioia, District I Commissioner Candace Andersen, District II Commissioner Mary N. Piepho, District III Commissioner Karen Mitchoff, District IV Commissioner Federal D. Glover, District V Commissioner ABSENT:Geneva Green, Tenant Seat Commissioner Contact: 925-957-8028 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 shown. ATTESTED: December 17, 2013 Joseph Villarreal, Executive Director By: June McHuen, Deputy cc: C.5 To:Contra Costa County Housing Authority Board of Commissioners From:Joseph Villarreal, Housing Authority Date:December 17, 2013 Contra Costa County Subject:Collection Loss Write Off for the Quarter Ending September 30, 2013 BACKGROUND (CONT'D) Conventional Program 09/13 $25,249.32 06/13 $51,959.77 03/13 $12,114.25 12/12 $62,892.51 Prior to submission of an account for write-off, staff makes every effort to collect money owed to HACCC. Once an account is written-off, it may be referred to a collection agency for further repayment efforts. Past participants who owe HACCC, or any other housing authority, money may be denied admission to the public housing or housing choice voucher programs in the future unless the debt is repaid. Past participants can be denied admission in the future even if their debt has been written off. FISCAL IMPACT Uncollectable accounts impact on the budget by reducing total rental income. At the end of each quarter, the Housing Authority of the County of Contra Costa (HACCC) writes off those accounts that have been determined to be uncollectable. Once an account is written off, it can be turned over to a collection agency. For the quarter ending September 30, 2013, the collection loss write-off total is $25,527.32. CONSEQUENCE OF NEGATIVE ACTION Should the Board of Commissioners elect not to adopt Resolution No. 5169 these accounts would inflate the total accounts receivable for HACCC and present an inaccurate financial picture. CLERK'S ADDENDUM ATTACHMENTS ClWO Res 5169 CLWO Worksheet