HomeMy WebLinkAboutMINUTES - 01261993 - 1.63 HORSING AUTHORITY OF THE COUNTY OF CONTRA COSTA
TO: BOARD OF COMMISSIONERS DATE: January 26, 1993
FROM: Richard J. Martinez, Acting Interim Executive Director
SUBJECT: COLLECTION LOSS WRITE-OFF FOR THE QUARTER ENDING DECEMBER 31, 1992
I. RECOMMENDED ACTION:
Adopt Resolution No. 3667 approving collection loss write-off in the amount of
$14,792.44 for the quarter ending December 31, 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
December 31, 1992, a collection loss write-off in the amount of $14,792.44 is
recommended. ,4
III. REASONS FOR RECOMMENDATION/BACKGROUND:
This collection loss is for the Conventional Program. The requested collection
loss write-off reflects a total of 20 accounts that are beirlq recommended for write-
off, representing an average of $739.62 per account. The following chart illustrates
the collection losses per quarter for the past four quarters:
Conventional Program
09/92 $15,045.52
06/92 $15,070.23
03/92 $9,309.49
12/91 $ 9,574.36
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 ATTACHMENTS YES SIGNATUF2Et
RECOMMENDATION OF EXECUTIVE OIRECTOR RECOMMENDATIO OF BOAR COMMITTEE
APPROVE OTHER
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SIGNATURE(S)
ACTION OF BOARD ON APPROVED AS RECOMMENDED _ OTHER
ly
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 A�C
Phil BatchelaVr, Clerk of the
Board of Commissioners
Maea/7-es BY , DEPUTY
J
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Board of Commissioners
January 26, 1993
Page -2-
At its Regular Meeting on January 11, 1993 the Advisory Housing Commission
approved the collection loss write-off in the amount of $14,792.44 and recommended
adoption of Resolution No. 3667, 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. 3667, these
accounts would inflate the total accounts receivable for the Housing Authority and
present a distorted financial picture.
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THE BOARD OF COMMISSIONERS, HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA
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RESOLUTION NO. 3667
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 Commissioner<. of the Housing
Authority of the County of Contra Costa that the following amounts
be written off for collection loss for the quarter ending
December 31, 1992:
Conventional
Program
Dwelling Rent $ 4,329.02
Legal Charges 2,470.00
Maintenance & Other Surcharges 7,993.42
$14,792.44
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ADOPTED ON January 26, 1993 by the following vote of the Commissioners:
AYES: Commissioners Powers, Smith, Bishop, McPeak, Torlakson
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NOES: None
ABSENT: None
I hereby certify that this is a true and correct copy of
ABSTAIN: None an action taken and entered on the minutes of th3
Boar!of Supery rs on the data shown.
ATTESTED:
PHIL B CHELOR,Clerk df the Board
of Supervisors and County Administrator
gY - ,Deputy
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