CITY of ALBUQUERQUE
TWENTY THIRD COUNCIL
COUNCIL BILL NO. R-19-195 ENACTMENT NO. ________________________
SPONSORED BY: Don Harris, by request
RESOLUTION
title
Authorizing The Removal Of Certain Uncollectible Accounts From The City's Accounts Receivable Records For FY 2015 & Prior (Harris, by request)
body
AUTHORIZING THE REMOVAL OF CERTAIN UNCOLLECTIBLE ACCOUNTS FROM THE CITY'S ACCOUNTS RECEIVABLE RECORDS FOR FY 2015 & PRIOR.
WHEREAS, Pursuant to Section 3-37-7, NMSA 1978 pertaining to the determinations of uncollectible accounts and their removal from accounts receivable, the municipal finance officer has submitted herewith a list of accounts receivable which were incurred in providing various city services and for tax and fee liabilities owed the city; and
WHEREAS, the municipal finance officer states that diligent efforts have been made to collect these accounts receivable commensurate with the amounts due (for FY 2015 & prior) including appropriate efforts by the City's collection agency; and
WHEREAS, the municipal finance officer has determined that these accounts receivable are uncollectible and have been uncollectible for more than four years; and
WHEREAS, reserves are available that are more than sufficient to cover these uncollectible accounts; therefore there will be no impact on the current balances in the various funds.
BE IT RESOLVED BY THE COUNCIL, THE GOVERNING BODY OF THE CITY OF ALBUQUERQUE:
Section 1. That the City accounts receivable shown on Exhibits A through D, which are attached hereto and by this reference made a part hereof shall be removed from the City's accounts receivable records as uncollectible in accordance with provision of Section 3-37-7 NMSA 1978.
The amounts for write offs for FY 2015 & prior by fund are as follows:
110 General Fund Returned Items $ 106,445.31
110 General Fund Accounts Receivable 21,271...
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