Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Select Board approves $143,773.92 ambulance receivable write‑off from FY2023
Summary
The board accepted a Finance Director recommendation to write off $143,773.92 of uncollected FY2023 ambulance charges (91 unpaid accounts), while balances remain with a collection agency and may still yield revenue.
Finance Director Sarah Wood told the Select Board that under town policy uncollected receivables may be written off after three years. Of an original FY2023 net billed ambulance amount of $989,223, $143,773.92 remained outstanding, representing 91 unpaid accounts and about 15.5% of the original amount. "Overall, a greater percentage of ambulance receivables is being collected," Wood said, noting the outstanding balance remains active with the town's collection agency.
On a motion by Debbie Carbone, seconded by Jeff Garber, the board voted unanimously to accept the write‑off of $143,773.92. The write‑off permits the town to clear the uncollectible amounts from its accounts while continuing collection efforts through the agency.
