Title
Utility Accounts Receivable Bad Debt Follow-Up and Potential Foreclosure Activity
Recommended Action
Staff recommends that the Board of County Commissioners: • Authorize staff to classify as bad debt expense the $632,604.80 in penalties and interest that was waived; • Authorize the Director of Management and Budget to process a budget amendment from the Utilities operating fund balance (cash) to cover the $632,604.80 expense; • Authorize staff to work with the County Attorney’s office to process any potential foreclosures; and, • Authorize staff to seek outside counsel, if needed, in assisting with these foreclosures