City of Albuquerque - File #: R-22-58

• File #: R-22-58
• Type: Resolution
• Status: Enacted
• File created: 8/1/2022
• In control: City Council
• Final action: 10/3/2022
• Enactment date: 10/18/2022
• Enactment #: R-2022-072
• Title: Authorizing The Removal Of Certain Uncollectible Accounts From The City's Accounts Receivable Records For FY 2018 & Prior (Davis, by request)
• Sponsors: Pat Davis (By Request)

Date	Action By	Action	Result
10/18/2022	City Clerk	Published
10/17/2022	Mayor	Signed by the Mayor
10/7/2022	City Council	Sent to Mayor for Signature
10/3/2022	City Council	Passed	Pass
9/19/2022	City Council	Accepted with a Recommendation Do Pass
9/12/2022	Finance & Government Operations Committee	Sent to Council with a recommendation of Do Pass	Pass
8/1/2022	City Council	Introduced and Referred
8/1/2022	President	Referred

CITY of ALBUQUERQUE
TWENTY- FIFTH COUNCIL



COUNCIL BILL NO. R-22-58 ENACTMENT NO. ________________________

SPONSORED BY: Pat Davis, by request



RESOLUTION
title
Authorizing The Removal Of Certain Uncollectible Accounts From The City's Accounts Receivable Records For FY 2018 & Prior (Davis, by request) body
AUTHORIZING THE REMOVAL OF CERTAIN UNCOLLECTIBLE ACCOUNTS FROM THE CITY'S ACCOUNTS RECEIVABLE RECORDS FOR FY 2018 & 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 2018 & 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 2018 & prior by fund are as follows:
110 General Fund Returned Check Items $ 91,657.47
110 General Fund Accounts Receivable 67,058.19
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