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HomeMy WebLinkAbout13 Delinquent Accounts Agenda Item # 13 DistrictPublic Utility ACTION To: Board of Directors From: Rosana Matlock Date: August 04, 2010 Subject: Consideration of Write-Off of Delinquent Accounts Receivable 1. WHY THIS MATTER IS BEFORE THE BOARD District Code, Title 3.12.020.1 authorizes the District Treasurer to write-off delinquent account balances less than .16% of the annual amounts billed from the District's accounts receivable balance. Write-off amounts in excess of .16% must be approved by the Board. The current write-off list is greater than .16% of the FY10 billed accounts receivables requiring Board action. 2. HISTORY Until 2008, the District's write-off of delinquent accounts had been very low. This is due to the Board's credit and collection policies and staffs efforts to collect delinquent account balances. Write-Off History - Past 5 Years 2006 $237997 .08% 2007 $14,785 .05% 2008 $29,276 .09% 2009 $56,902 .17% 3. NEW INFORMATION The current semi-annual write-off list totals $33,214.18. This list includes unpaid accounts that closed prior to December 31, 2009 and are now at least six months old. This total represents 0.21% of the annual amounts billed for electric and water services. The primary factor of the increase is due to the downturn in the economy. The accounts that are written off are moved to the Uncollectable Accounts file within our billing system. These accounts will also be transferred to the credit bureau for further collection. Should one of these customers come in to apply for service in the future, their prior account will come up on our screen so we can collect the unpaid balance. Attached are the following reports and charts: Attachment 1 - December 31, 2009 List of Uncollectible Accounts- current list of the customers and amounts to be written off totaling $33,214.18 Attachment 2 - Write-Off Analysis 2001 to 2010 in Dollars and Percentages chart 4. FISCAL IMPACT The budgeted write-off amount for FY10 is $38,000 and $38,665 for FY11. These amounts will not be sufficient to cover the write-offs for these two fiscal years. Staff will identify savings within the FY10 and FY11 Budgets to cover write-offs over these limits. 5. RECOMMENDATION Review this report and approve the write-off list in the amount of $33,214.18 for uncollectible accounts that closed prior to December 31, 2009. Mary Cha an Michael D. Holley Administrative Services Manager General Manager Attachment 1 ACCOUNTS RECEIVABLE 2009 WRITE OFF BAD DEBT LISTING ACCOUNTS 6 MONTHS OLD AS OF 6/30/10 Account# Last Name First Name Middle Name Total Write Off Amount 9000012436 Ainge Pamela 136.02 4100460024 Ames Steven 404.05 9000010786 Avina Nicole 307.37 9000015465 BAC HM LNS Servicing 154.41 9000013360 Bank of New York 323.66 9000015590 Bear Stearns ARM Trust 2005-6 42.38 9000006723 Bocks Monica 465.46 9000008306 Burawski Thomas J 504.63 9000014243 Bushnell Matthew T 1,274.49 4550550031 Cameron Jeremy 395.11 2071012100 Carnell Michael 256.21 2076960001 Carroll Steven G 526.57 9000013439 Christie Donna 99.42 3122040024 Christner Diane 199.11 9000006443 Conroy Kathleen 18.81 9000005647 Crowder Bryan 326.09 9000013988 Crush Steven 286.87 9000009962 Cruz-Gomez Jose 76.64 9000007609 Curtain Sean 1,006.49 9000007479 Curtis Jason 5.04 9000007629 Cycle Paths 305.16 9000009857 Daiker Cory 17.54 4804060026 Di Salvo Pamela K 302.12 6633150024 Ellis Laurel 328.36 5100140024 Felix Jesus 187.55 9000012979 Fitzgerald Kevin 199.35 9000013637 Garay Brenda 687.76 9000014913 GMAC BK 402.52 9000011345 Goldschmidt Michael 143.63 3083230025 Grijalva Brenda 343.02 9000014065 Gutierrez Sky 173.92 2076290001 Hackley Lance 142.25 9000010960 Hackley, JR Michael 45.08 9000013343 Hames Jason 81.41 9000014969 Harborview 257.81 9000014970 Harborview 407.28 9000009145 Huck Gary 40.82 6354870024 Hughie Allen 338.86 9000014558 Indymac Federal Bank FSB 44.08 9000004177 Java Sushi 1,936.36 1405920025 Joerger Associates 32.69 1405930025 Joerger Associates 52.28 9000012388 Johnson Charles P 75.34 2105700024 Jorgensen Robert 151.14 6070710027 Kadlec Thomas 311.45 9000005643 Kearns George 179.04 2062480024 Konrath Deborah 541.36 9000014593 Lampkin Alicia 54.97 9000015055 Lanhof Cynthia 29.63 3123400024 Larsen John P 760.85 1 9000010691 Lear Tiffani 213.42 4800130024 Lloyd Christina 929.89 9000014133 Manzano Yran 3.83 9000013818 Marx Lisa 750.57 9000013350 Massaglia Matt 313.68 9000004346 McKeane Mike 268.00 9000007420 Meghan Kelly 653.89 9000015016 Morgan Cynthia 188.88 6775090024 Nelson Carl 271.04 9000010126 Nevilles Jacque 284.80 9000015731 One West Bank 123.45 9000015486 Option One Mtg Loan Trust 2006-2 228.58 6650790024 Otto Paul 1,114.30 9000013534 Overgaard John 414.45 7061520024 Pedersen Gary 13.72 2071003801 Peirano Lynn 304.81 9000009855 Pensotti Pete 374.79 9000014181 Petros Tyler 218.09 9000009853 Pierce John 65.39 9000013302 Pine Stan 166.70 9000007012 Pontes Veronica 470.82 5450170001 Quintero Patricia 19.90 9000004916 Ramirez Guadalupe 100.08 9000011993 Raushel Dawayne 105.47 5821530027 Reyes Porfiria C 94.66 9000005548 Rocker Designs 27.28 9000012376 Rodriguez Jose 182.57 9000013369 Shaw Debra 351.32 9000007778 Sonne, Jr Barry 1,367.73 9000001623 Spain Michael 98.11 9000008557 Stephens Pamela 472.06 9000011324 Stir Crazy LP 2,003.52 9000013646 Stubblefield Michael 219.13 5821570024 Taft Yvonne 1,673.46 2071000501 Thomas Andrea 267.91 9000003051 Thomas Andrea 461.13 9000013355 Truckee Realty 30.74 9000013627 Waggoner Cory 124.11 9000015133 Walker Jaime 442.07 2041360028 Wert Paul 149.06 5601820024 Wheatherspoon Glenn 84.87 9000006696 Williams Aimee 562.69 9000014634 Wilson Brittney 758.15 9000008680 Winokur Eric 277.00 9000013561 York Gary 219.62 9000009092 Young Cheyenne 282.80 1603080024 Zam Joan 83.18 97 $ 33,214.18 2 Truckee Donner Public Utility District Write Off Analysis 2000 to 2009 60 000IR ,,.,z z '.. .z.�. ..i., ,n ..I , ems,,,. t �. ............ _.._ .. •, E85>. � '3 ,6, 1 \ > <,. m .>. ,., e .,..., ... ,... 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