Finance update: council hears adjustments to receivables and questions about recoverable revenue
Staff reported an allowance-for-uncollectibles adjustment ("a couple hundred thousand") and discussed receivables work; a previous estimate that $300,000–$400,000 could be captured was cited but not resolved.
The full story
Council members and finance staff used part of the work session to review recent audit-related accounting items, including receivables and the allowance for uncollectibles.
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