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HomeMy WebLinkAboutMINUTES - 04141998 - C160 ................ ............11......I'll.,..............I............................................. C. HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA TO: BOARD OF COMMISSIONERS FROM: Richard J. Martinez,Executive Director DATE: April 14, 1998 SUBJECT: COLLECTION LOSS WRITE-OFF FOR THE QUARTER ENDING MARCH, 1998 SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION I. RECOMMENDED ACTION: ADOPT Resolution No.4034 approving collection loss write-off in the amount of$13,192.24 for the quarter ending March 31, 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 quarter ending March 31, 1998, a collection loss write-off in the amount of$13,192.24 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 7accounts that are being recommended for write-off,representing an average of$1,884.60 per account. The following chart illustrates the collection losses per quarter for the past four quarters: Conventional Program 03/98 $13,192.24 12/97 $19,738.82 09/97 $ 6,970.40 06/97 $13,790.06 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.4034 these accounts would inflate the total accounts receivable for the Housing Authority and present a distorted financial picture, CONTINUED ON ATTACHMENT: YES SIGNATURE � 0 J2242�j ism r�.rrur RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON APR 14 10 APPROVED AS RECOMMENDED X OTHER VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A —UNANIMOUS (ABSENT TRUE AND CORRECT COPY OF AN AYES: II,III,1V,I NOES: ACTION TAKEN AND ENTERED ON THE ABSENT: V ABSTAIN: MINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN. ATTESTED APR 14 19% PHIL BATCHELOR,CLERK OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR bo-clwo.board BY DEPUTY ........................................................................................... ......................................................... THE BOARD OF COMMISSIONERS HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA RESOLUTION NO. 4034 RESOLUTION APPROVING COLLECTION LOSS WRITE-OFF IN THE AMOUNT OF$13,192.24 FOR THE QUARTER ENDING MARCH, 1998 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 September, 1997: Conventional Program Dwelling Rent $ 5,117.95 Legal Charges $ 645.00 Maintenance&Other Surcharges $ 7,429.29 $13,192.24 PASSED AND ADOPTED ON NJ11q9 by the following vote of the Commissioners. AYES: Gminissia-ers LJilkam, Gaber, De5�ulruer, R%EES NOES: It ABSENT: Cannissia-isr CaviadUa ABSTAIN: Ibm 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_ 420i4-:e /!j /F?J / PHIL BATCHELOR,CLERK OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR B dwores.board ...........