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HomeMy WebLinkAboutMINUTES - 07171990 - 1.57 �OUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA -1--057 TO: BOARD OF COMMISSIONERS DATE: July 17, 1990 FROM: Perfecto Villarreal , Executive Director cc: SUBJECT: COLLECTION LOSS WRITE-OFF FOR THE QUARTER ENDING JUNE 30,1990 I. RECOMMENDED ACTION: Adopt Resolution No. 3583 approving collection loss write-off in the amount of $12,202.70 for the quarter ending June 30, 1990, 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 June 30, 1990, a collection loss write-off in the amount of $12,202.70 is recommended. III. REASONS FOR RECOMMENDATION/BACKGROUND: This collection loss is for the Conventional Program. The requested collection loss write-off reflects a total of 23 accounts that are being recommended for write- off, representing an average of $530.55 per account. The following chart illustrates the collection losses per quarter for the past four quarters: Conventional Program 06/90 $12,202.70 12/89 $23,466.61 09/89 $17,721.53 06/89 $12,047.44 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 ATTACHMENT: YES SIGNATURE: RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATIA OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER 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 JUL 17 1990 Phil Batchelor, Clerk of the Board of Commissioners M382/7-83 BY DEPUTY Board of Commissioners July 17, 1990 Page -2- At its Regular Meeting on July 16, 1990 the Advisory Housing Commission approved the collection loss write-off in the amount of $12,202.70 and recommended adoption of Resolution No. 3583, 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. 3583, these accounts would inflate the total accounts receivable for the Housing Authority and present a distorted financial picture. cc: County Administrator County Counsel Housing Authority THE BOARD OF COMMISSIONERS, HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA RESOLUTION NO. 3583 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 Commissioners of the Housing Authority of the County of Contra Costa that the following amounts be written off for collection loss for the quarter ending March 31, 1990: Conventional Program Dwelling Rent $ 7,244.44 Legal Charges 1,835.55 Maintenance & Other Surcharges 3,122.71 $12,202.70 ADOPTED ON July 1 7 , 1990 by the following vote of the Commissioners: AYES: CoimiFpioners Powers, Schroder, McPeak, Torlakson, Fanden 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 the Board of Supenriso on t e date shown. ATTESTED: �-/ _._ PHIL SATAHELOF10bierkof the Board cc: County Administrator of Supervisors and CountyAdministratOr County Counsel Housing Authority �► Lm�peputy