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Finance and Taxation Committee approves accounts receivable write-offs
Summary
The committee unanimously approved a resolution authorizing four accounts receivable write-offs after the administrator described an updated policy and identified items tied to personal property tax, labor/accident cleanup and the water fund. The motion carried by roll call.
The Finance and Taxation Committee voted unanimously to approve a resolution authorizing accounts receivable write-offs. Chair called for the motion and the committee approved it following an explanation from the administrator.
Administrator Rindy Rooney told members the city updated its accounts receivable write-off policy and recommended clearing several long-delinquent items. "Initially we, we had many accounts or things that were running delinquent for multiple years where we had to do a larger write off," Rooney said, characterizing the change as an annual cleanup to remove accounts deemed uncollectible. Rooney identified four items: two tied to personal property tax, one related to labor/accident cleanup, and one associated with the water fund. The administrator described the total as "just I think a little under around $250" (units not specified in the transcript).
Chair moved to approve the write-offs; the motion was seconded and the clerk took a roll-call vote. The transcript records unanimous approval. The committee did not identify additional follow-up actions in the open session.
