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HomeMy WebLinkAboutMINUTES - 03241992 - 1.64 1 i i j THE BOARD OF COMMISSIONERS, HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA RESOLUTION NO. 3633 i • 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, 1992: Conventional Program Dwelling Rent $ 3,721.79 ' Legal Charges 908.50 g Maintenance & Other Surcharges 4,619.20 u $ 9,309.49 ` ADOPTED ON March 24, 1992 by the following vote of the Commissioners: j, AYES: Commissioners Powers , Fanden, Schroder, Torlakson, McPeak NOES: None 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 Boare!of Supervism on the datq shown. 1, ATTESTED: W ez_ - 1;2 4/1 /9 PHIL BATCHELOR,Cierk of the Board ' cc: Count Administrator County AdiittOf Supervisors and County Administrator County Counsel Housing Authority g _ ,Deputy f' • HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA T0: BOARD OF COMMISSIONERS DATE: March 24, 1992 FROM: Perfecto Villarreal , Executive Director cc: SUBJECT: COLLECTION LOSS WRITE-OFF FOR THE QUARTER ENDING MARCH 31, 1992 I. RECOMMENDED ACTION: Adopt Resolution No. 3633 approving collection loss write-off in the amount of $9,309.49 for the quarter ending March 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 March 31, 1992, a collection loss write-off in the amount of $9,309.49 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 19 accounts that are being recommended for write- off, representing an average of $489.87 per account. The following chart illustrates the collection losses per quarter for the past four quarters: Conventional Program 12/91 $ 9,574.36 09/91 $ 6,380.89 06/91 $13,462.44 03/91 $11,660.05 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 ATTACHMEHTt��YEB BIOHATIipE� RECOMMENDATION OF EXECUTIVE ®(RECTOR ..T.., MCCOMMENDATIA OF BOARD COMMITTSt APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON APPROVED Ai RECOMMEHDED OTHER VOTE OF COMMISSIONERS , X UNANIMOUS (ASSENT D I HEREBY CERTIFY THAT THIS A TRUE AND AYES1 NOES: CORRECT COPY OF AN ACTION TAKEN AND ASSENT( ABSTAIN: ENTERED ON THE AINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHORN. MAR 2 4 1992 CCI ATTESTED Phil Batchelor, Clerk of the Board of Commissioners Mt.ee/T•es BY • DEPUTY V.. Board of Commissioners March 24, 1992 Page -2- At its Regular Meeting on March 16, 1992 the Advisory Housing Commission approved the collection loss write-off in the amount of $9,309.49 and recommended adoption of Resolution No. 3633, 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. 3633, these accounts would inflate the total accounts receivable for the Housing Authority and present a distorted financial picture.