Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Housing Authority adopts formal bad‑debt write‑off policy, delegates small write‑offs to executive director
Summary
The Housing Authority adopted a bad‑debt expense and write‑off policy covering HUD‑funded programs, delegating authority to the executive director for semiannual write‑offs under $5,000 per account and under $25,000 aggregate; staff reported FY25 write-offs around $220,000 and said larger amounts will come to the board.
The Housing Authority of Washington County on March 3 adopted a formal bad‑debt expense and write‑off policy for federal programs it administers, including housing choice vouchers, VASH and the public housing portfolio. The policy clarifies approval authority, a semiannual cadence for reporting and an annual report of amounts expensed.
Deputy Director Jill Chen introduced the policy as an effort to strengthen internal controls and financial management. Ryan Bonsbach, deputy chief financial officer, outlined a three-step process: exhaust collection efforts, identify doubtful accounts and follow the approval process, then post…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
