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     

611 Aviation Fund Returned Check Items                                                               2.20

611 Aviation Fund Accounts Receivable                        247.18                     641 Parking Fund Returned Check Items                        3,898.50

641 Parking Fund Accounts Receivable                     52,304.41                     651 Solid Waste Refuse Fund Returned Check Items                     892.51                     

661 Transit Fund Returned Check Items                     4,352.00

705 Risk Management Funds Returned Check Items                     16,051.70

                                                                                                                                                                                                      $236,464.16

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