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Bangor committee approves nearly $129,000 in personal property write-offs from overlay account
Summary
Finance staff recommended and the committee approved using leftover overlay funds to write off roughly $129,000 of largely uncollectible personal‑property accounts; staff said the average outstanding balance was under $1,450 and many accounts are difficult to collect because businesses have left the city.
The Bangor City Finance Committee voted to use money from the budgeted overlay account to write off approximately $129,000 in uncollectible personal‑property tax accounts.
Staff reported the overlay account has about $213,000 available and recommended applying roughly $129,000 of that balance to clear a number of small, difficult‑to‑collect accounts. Staff told the committee that personal property is movable and, when a business leaves the city, locating and collecting on that property is often impractical.
According to staff, the average balance on the accounts flagged for write-off is under $1,450; some accounts on the list have been on the books for multiple years. Committee members asked about account ages and whether auditors had raised concerns; staff said many accounts date back several years but noted they keep accounts that continue to be assessed and write off those no longer being billed.
A motion to accept the staff recommendation carried by voice vote; the committee approved proceeding with the write‑offs without a detailed roll call recorded in the transcript.
Committee direction: members requested better regular review practices for uncollectible accounts and asked staff to ensure write‑off procedures and ages are documented for future audits.
