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HomeMy WebLinkAboutMINUTES - 03231999 - C104 0,194 HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA TO: BOARD OF CUIVIMISSIONERS FROM: Robert McEwan, Acting Executive Director DATE: March 23, 1999 SUBJECT: COLLECTION LOSS WRITE-OFF FOR THE QUARTER ENDING MARCH, 1999 SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION 1. RECOMMENDED ACTION: ADOPT Resolution No.4462 approving collection loss write-off in the amount of$16,925.00 for the quarter ending March, 1999 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 which have been determined to be uncollectable. For the quarter ending March, 1999,a collection loss write-off in the amount of$16,925.00 is recommended. Ili. REASONS FOR RECOMMENDATION/BACKGROUNTI) 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$2,824.83 per account. The following chart illustrates the collection losses per quarter for the past four quarters: Conventional Program 03/99 $16,925.40 12/98 $13,048.67 09/98 $12,072.30 06/98 $12,072.30 Prior to submission of an account for write-off,the staff mares 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.4062 these accounts would inflate the total accounts receivable for the Housing Authority and present a distorted financial picture. CONTINUED ON ATTACHMENT. YES SIGNATURE f RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER. SIGNATt RE(S): -A ACTION OF BOARD OIaT I,, :,? '✓ APPROVED AS RECOMMENDED 4)T44EZ VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A UNANIMOUS (ABSENT }'`� r ���� ) TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ON SHE ABSENT: ABSTAIN: MINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN. ATTES'T'ED , PHIL.BATCHELOR,CLERK OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR ryd, ,a � a BY DEPUTY bo-Clwo 1.board THE BOARD OF COMMISSIONERS HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA RESOLUTION NO. 4062 RESOLUTION APPROVING COLLECTION LOSS WRITE-OFF IN THE AMOUNT OF $16,682.42 FOR THE QUARTER ENDING MARCH, 1999 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 loss for the quarters ending March, 1999: Conventional Program. Dwelling Rent $ 10,191.22 Legal Charges $ 1,885.25 Maintenance&Other Surcharges $ 4,848.53 $ 16,925.00 PASSED ANIS ADOPTED ON Marcy 23, 1999 by the following vote of the Commissioners. AYES: Commissioners Gioia, Uiikema, Gerber, DeSau nier arca Cance amilla NOES: gone ABSENT: None ABSTAIN: None I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT COPY OF AN ACTION TAKEN AND ENTERED ON TETE MINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN, ATTESTED PHIL BATCHELOR, CLERK OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR BY clwores.board