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HomeMy WebLinkAboutMINUTES - 02102004 - HA1 HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA +txi TO: BOARD OF COMMISSIONERS FROM: Robert McEwan, Executive Director DATE: February 10, 2004 SUBJECT: COLLECTION LOSS WRITE-OFF FOR THE QUARTER ENDING DECEMBER 31, 2003 SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION I. RECOMMENDED ACTION: ADOPT Resolution No. 5049 approving collection loss write-off in the amount of$26,271.33 for the quarter ending December 31, 2003 as recommended by the Advisory Housing Commission. II. 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 that have been determined to be uncollectaible. For the quarter ending December 31, 2003 a collection loss write-off in the amount of $26,271.33 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$4,378.56 per account. The following chart illustrates the collection losses per quarter for the past four quarters: Conventional Program 12103 $26,271.33 09103 $ 6,671.21 06103 $19,245.67 03/03 $ 7,988.64 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. 5049 these accounts would inflate the total accounts receivable for the Housing Authority and present a distorted financial picture. CONTINUED ON ATTACHMENT: YES SIGNATURE 1 _RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON February 13, 2004 APPROVED AS RECOMMENDED X OTHER VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A x UNANIMOUS (ABSENT None ) 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 February 10, 2004 JOHN SWEETEN,CLERK OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR I BY DEPUTY H:\JudyHayes\1\4SOFFICE\WINWORD\BOARD\Bo-clwo.DOC t THE BOARD OF COMMISSIONERS HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA RESOLUTION NO. 5049 RESOLUTION APPROVING COLLECTION LOSS WRITE-OFF IN THE AMOUNT OF$26,271.33 FOR THE QUARTER ENDING DECEMBER 31, 2003 WHEREAS,certain accounts of vacated tenants have been determined to be uncollectable 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 Ioss for the quarters ending DECEMBER 31, 2003: Conventional Program Dwelling Rent $ 7,009.51 Legal Charges $ 570..00 Maintenance&.Other Charges $18,692.22 $26,271.33 PASSED AND ADOPTED ON February 10, 2004 by the following vote of the Commissioners. AYES: Gioia, `ITilketns, Greenberg, DeSaulnier, Mover and Tenes NOES: Now ABSENT': None ABSTAIN:None I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT COPY OF AN ACTION TAKEN AND ENTERED ON THE MINUTES OF THE BEARD OF COMMISSIONERS ON THE DATE SHOWN. ATTESTED Febnlary 10, 2004 JOHN SWEETEN,CLERK OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR BY : 's f elwores.board