Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance Writeoffs topic
No spam. Unsubscribe anytime.
Rural Retreat council approves write-offs of older personal-property taxes and uncollectible utility bills
Summary
The council authorized writing off $3,230.76 in 2020 personal-property tax amounts and $4,754.14 in uncollectible utility bills from 2018–2020 after the clerk noted some accounts were deceased or businesses out of business; the clerk had not provided a combined total.
Get email alerts on the Finance Writeoffs topic
No spam. Unsubscribe anytime.
Rural Retreat — The town council approved staff recommendations to write off certain old personal-property taxes and uncollectible utility-billing accounts as allowed under the Code of Virginia.
The clerk presented that, under state law, the town may remove personal-property tax amounts older than five years from the books; she recommended writing off $3,230.76 in 2020 personal-property taxes, noting some accounts are deceased. She also recommended writing off $4,754.14 in uncollectible utility bills dating from 2018–2020, including accounts for customers who are deceased or businesses that have closed.
Council moved and seconded the recommendation and approved the write-offs by voice vote. The clerk told the council she had not added the two figures together when presenting them, so the meeting record shows each amount separately rather than a combined total.
The clerk cited the Code of Virginia as the authority limiting the town's ability to retain older personal-property tax accounts to a five-year period; she said collection attempts beyond that period are not pursued per statute.
Next steps: the clerk will post the write-offs in the town's financial records per standard accounting practice and report compliance with the statutory requirement.

