HomeMy WebLinkAbout13 Power Point Write-off of Delinq AR
Action Item September 7, 2011 Delinquent Accounts ReceivableOff of -Consideration of Write#13
Background/History Off of Delinquent Accounts-Write 2.31%2010 $105,856.17%$56,9022009.09%$29,2762008.05%$14,7852007 Off History-Write–offs have been very low-Until 2008 write•
New Information Off of Delinquent Accounts-Write 3 off of 0.33%-experiencing an average writeMembers of National California Power Agency (NCPA) are •off totals $56,357 (0.33%) for 1/2
Year-FY11 write•off by the Board-Delinquent account balances greater than 0.17% must be •annual salesoff delinquent account balances less than 0.17% of -writeDistrict Code, Title 3.12.020.1
authorizes Treasurer to •
Fiscal Impact Off of Delinquent Accounts-Write 4 offset the additional expenseThere are sufficient savings in the FY11 operating results to •off by the end of this year-year’s writeoff
is projected to be similar to last -The total FY11 write•off is $56,357 for the first half of the year -The FY11 write•off for FY11 was $38,665-The budgeted write•
Recommendation Off of Delinquent Accounts-Write 5 off list in the amount of $56,357-•