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 21,271,806.04
242 Env. Federal Clean Air Act Returned Items 2,598.38
611 Aviation Fund Returned Items 508.75
611 Aviation Fund Accounts Receivable 386,715.76
641 Parking Fund Return Items 1,800.00
651 Solid Waste Refuse Fund Return Items 903.49
651 Solid Waste Refuse Fund Accounts Receivable 4,494.41
661 Transit Fund Return Items 2,969.00
735 Human Resources Fund Returned Items 194.03
$21,778,435.17
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