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HomeMy WebLinkAboutMINUTES - 02082000 - HA1 v HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA TO: BOARD OF COMMISSIONERS HIwl FROM: Robert McEwan, Executive Director DATE: February 8, 2000 SUBJECT: COLLECTION LOSS WRITE-OFF FOR THE QUARTER ENDING DECEMBER 31, 1999 SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION I. RECOMMENDED ACTION: ADOPT Resolution No. 4087 approving collection loss write-off in the amount of$17,312.16 for the quarter ending December 31, 1999 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 December 31, 1999, a collection loss write-off in the amount of $17,312.16 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 3 accounts that are being recommended for write-off, representing an average of $5,770.72 per account. The following chart illustrates the collection losses per quarter for the past four quarters: Conventional Program 12/99 $17,312.16 09/99 $34,077.06 06/99 $16,550.99 03/99 $16,925.00 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. 4087 these accounts would inflate the total accounts receivable for the Housing Authority and present a distorted financial picture. e8�fff?i+4EB EW ATTACHMENT: YES SIGNATUREi 1-- RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE _ APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON Z/ APPROVED AS RECOMMENDED r R VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A UNANIMOUS (ABSENT 4 t(e. ) TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ON THE ABSENT: ABSTAIN: MINUTES OF THE BOARD OF COMMIS/SIONERS ON THE DATE SHOWN. ATTESTED PT4IL BATCHII OR,CLERK OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR BY EPUTY bo-clwol.board rtutJ tsx 1 t. t�vn, L gyrus yr MEMORANDUM TO: Robert McEwan, Executive Director FROM: Ralph Rosario, ADHD SUBJECT: Vacated Collection Loss Write-Offs— 12131199 DATE: January 6, 2000 I have reviewed the request for Vacated Collection Loss Write-Off Accounts submitted by the Housing Managers and recommend that the following amounts be written off/submitted as non- collectible: PROJECT RENT LEGAL MAINTENANCE TOTAL CAL 11-1 -0- -0- _0- -0- CAL 11-2 $1,595.71 $1,710.00 $1,130.04 $4,435.75 CAL 11-3 -0- -0- -0- -0- CAL 11-4 -0- -0- -0- -0- CAL 11-5 -0- -0- -0- -0 CAL 11-6 -0- -0- _0- -0- CAL 11-8 -0- -0- -0- -0- CAL 11-9A -0- -0- -0- -0- CAL 11-98 -0- -0- -0- -0- CAL 11-10 $ 3.63 -0- $5,662.76 $5,666.39 CAL 11-11 -0- -0- -0- -0- CAL 11-12 -0- -0- -0- -0- CAL 11-13 -0- -0- -0- -0- CAL 11-15 -0- -0- -0- -0- 4501 $6,651.62 -0- $ 558.40 $7,210.02 4502 -0- -0- -0- -0- TOTALS: $8,250.96 $1,710.00 $7,351.20 ::1$17,312.16 HAorismtz\Wrlte0ffMemo1 a.doc