HomeMy WebLinkAboutMINUTES - 12011998 - C198 C... 199,
HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA
TO: BOARD OF COMMISSIONERS
FROM: Robert McEwan,Acting Executive Director
DATE: December 1, 1998
SUBJECT: COLLECTION LOSS WRITE-OFF FOR THE QUARTERS ENDING JUNE& SEPTEMBER 1998
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
1. RECOMMENDED ACTION:
ADOPT Resolution No.4051 approving collection loss write-off in the amount of$24,144.60 for the quarters ending March 31,
1998 and June 30, 1998 as recommended by the Advisory Housing Commission.
11. FINANCIAL IMPACT:
Uncollectable 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 uncollectable. For the quarters ending March 31,
1998,and lune 30, 1998,a collection loss write-off in the amount of$24,144.60 is recommended.
III. REASONS FOR RECOMMENDATION/BACKGROUND
This collection loss is for the Conventional Program. The requested collection loss write-cuff reflects a total of 10
accounts that are being recommended for write-off,representing an average of$2,414.46 per account. The following chart
illustrates the collection losses per quarter for the past four quarters:
Conventional Program
09/98 $12,072.30
06/98 $12,072.30
03/98 $13,192.24
12/97 $19,738.82
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.
IV. CONSEQUENCES OF NEGATIVE ACTION:
Should the Board of Commissioners elect not to adopt Resolution No.4051 these accounts would inflate the total
accounts receivable for the Housing Authority and present a distorted financial picture.
CONTINUED ON ATTACHMENT: YDS' SIGNATURE
Z RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMIT'T'EE
APPROVE OTHER
SIGNATURE(S): �2jz
ACTION OF BOARD ON c t APPROVED AS RECOMMENDED- -(+R,4
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
X UNANIMOUS (ABSENT } TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: _ MINUTES OF THE BOARD OF
COMMISSIONERS ON THE DATE SHOWN.
ATTESTED
PHIL BATCHELOR,CLERK OF
THE BOARD OF COMMISSIONERS
AND COUNTY ADMINISTRATOR
BY EPUTY
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