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HomeMy WebLinkAboutMINUTES - 11102015 - HA C.04RECOMMENDATIONS ADOPT Resolution No. 5194 to approve collection loss write-offs in the public housing program in the amount of $15,738.57 for the quarter ending September 30, 2015. BACKGROUND This collection loss is for the public housing program. The requested collection loss write-off reflects a total of seven accounts that are recommended for write-off. The following chart illustrates the collection losses per quarter for the past four quarters: Conventional Program 9/15 $15,738.57 6/15 $16,060.46 3/15 $58,637.66 12/14 $21,992.09 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 Action of Board On: 11/10/2015 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF COMMISSIONERS AYE:John Gioia, Commissioner Candace Andersen, Commissioner Mary N. Piepho, Commissioner Karen Mitchoff, Commissioner Federal D. Glover, Commissioner ABSENT:Fay Nathaniel, 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: November 10, 2015 Joseph Villarreal, Executive Director By: June McHuen, Deputy cc: C.4 To:Contra Costa County Housing Authority Board of Commissioners From:Joseph Villarreal, Housing Authority Date:November 10, 2015 Contra Costa County Subject:Collection Loss Write-Offs for the Quarter Ending September 30, 2015 owed to HACCC. Once an account is written-off, it may be referred to a collection agency for further repayment efforts. Past participants BACKGROUND (CONT'D) > 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, 2015, the collection loss write-off total is $15,738.57. CONSEQUENCE OF NEGATIVE ACTION Should the Board of Commissioners elect not to adopt Resolution No. 5194, these accounts would inflate the total accounts receivable for HACCC and present an inaccurate financial picture. CLERK'S ADDENDUM ATTACHMENTS Res. 5194 CLWO Report