Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Owosso council approves $15,240 write‑off of unpaid parking tickets
Summary
Council approved Resolution No. 109‑2026 to write off $15,240 in unpaid parking tickets as uncollectible for fiscal year ending June 30, 2026; the city collected $330 against the balance and cited administrative costs as the reason for the write‑off.
The Owosso City Council voted on July 6 to write off $15,240.00 in unpaid parking ticket debt recorded in the fiscal year ending June 30, 2026. The resolution notes the city collected $330.00 against the balance and that administrative costs and low collection rates justified reclassifying the remaining balance as bad debt (Resolution No. 109‑2026).
Councilmember Emily S. Olson moved to approve the write‑off; the motion was supported by Councilmember Carl C. Ludington and carried by roll call (AYES: Osmer, Ludington, Mayor Pro‑Tem Haber, Olson and Mayor Teich; NAYS: None; ABSENT: Fear, Owens). The city will record the reclassification in its financial statements for the fiscal year ending June 30, 2026.
