File #: 21-0932    Version: 1
Type: Department Staff Report Status: Agenda Ready
File created: 9/27/2021 In control: Utilities Services
On agenda: 10/5/2021 Final action: 10/5/2021
Title: Utility Accounts Receivable Bad Debt Follow Up and Potential Foreclosure Activity
Indexes: Accounts Receivable, Bad Debt, Utilities
Attachments: 1. Staff Report

Title

Utility Accounts Receivable Bad Debt Follow Up and Potential Foreclosure Activity

Recommended Action

Staff recommends that the Board of County Commissioners:  a) Authorize staff to classify the $582,507.76 in penalties and interest that was written off as bad debt expense; b) Authorize the Director of Management and Budget to process a budget amendment from the operating fund balance (cash) to cover the $582,507.76 expense; c) Authorize staff to work with the County Attorney’s office to process any potential foreclosures; and, d) Authorize staff to seek outside counsel, if needed, to assist with these foreclosures