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HomeMy WebLinkAboutMINUTES - 12022003 - HA2 HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA Ll TO: BOARD OF COMMISSIONERS FROM: Robert McEwan, Executive Director DATE: December 2, 2003 SUBJECT: COLLECTION LOSS WRITE-OFF FOR THE QUARTER ENDING SEPTEMBER 30, 2003 SPECIFIC REQU'ES'T(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION I. RECOMMENDED ACTION: ADOPT Resolution No. 5047 approving collection lass write-off in the amount of$ 6,671.21 for the quarter ending September 30, 2003 as recommended by the Advisory Housing Commission. Il. FINANCIAL IMPACT: Uncol'lectable 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 that have been determined to be uncollectable. For the quarter ending September 30, 20013 a collection loss write-off in the amount of $19,245.67 is recommended. Ill. REASONS FOR RECOMMENDATION/BACKGROUND This collection loss is for the Conventional Program. The requested collection loss write-off reflects a total of 6 accounts that are being recommended for write-off, representing an average of$1,111.87 per account. The following chart illustrates the collection losses per quarter for the past four quarters: Conventional Program 09/03 $ 6,571.21 06/03 $19,245.67 03/03 $ 7,988.64 12/02 $16,576.11 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. 5047 these accounts would inflate the total accounts receivable for the Housing Authority and present a distorted financial picture. CONTINUED ON ATTACHMENT: YES SIGNATURE RECOMMENDATION OF EXECUTIVE DIRECTOR _ RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURES): ACTION OF BOARD ON December 2, 2003 APPROVED AS RECOMMENDED X OTHER VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A X UNANIMOUS (ABSENT Ione } 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. Advisory Pbming Cmassion Seat VAGW ATTESTED Decaober 2,; 2003 JOHN SWEETEN,CLERK OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR BY t b , UTY H:\JudyHayes\MSOFFICE\WINWORD\BOARD\Bo-clwo.DOC THE BOARD OF COMMISSIONERS HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA RESOLUTION NO. 5047 RESOLUTION APPROVING COLLECTION LOSS WRITE-OFF IN THE AMOUNT OF$5,671.21 FOR THE QUARTER ENDING SEPTEMBER 30, 2003 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 quarters ending SEPTEMBER 30,2003: Conventional Program Dwelling Rent $4,940.58 Legal Charges $ 10.00 Maintenance&Other Charges $1,720.63 $6,671.21 PASSED AND ADOPTED ON_ December 2, 2003 by the following vote of the Commissioners. AYES: S[7I'IlmoRS Giou, unimtA, CumIBIf2G, GLan aw DesAt?umm NOES: NOW ABSENT: NCS ABSTAIN:N= AMISCRY MUSM CMUMI0 SEAT VACANT I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT COPY OF AN ACTION TAKEN AND ENTERED ON THE MINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN, ATTESTED Wcember 2, 2003 JOHN SWEETEN,CLERK OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR. By dwores.board