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HomeMy WebLinkAboutFIN 2019-09-23 Item 2A - Resolution - 2019 Cancellation of Abandoned or Unclaimed PropertyCity of Tukwila FO ATI� AL E TO: Finance Committee FROM: Vicky Carlsen, Finance Director BY: Cindy Wilkins — Fiscal Specialist CC: Mayor Ekberg DATE: September 23, 2019 SUBJECT: Cancellation of Accounts Receivable a DU Allan Ekberg, Mayor ISSUE Each year a resolution comes before the Council for the cancellation of uncollectable accounts receivable. For 2019, these items include: False Alarms equaling $2,350.00, Miscellaneous Billings equals $50,840.56 for a grand total of $53,190.56. BACKGROUND The process for tracking accounts receivable is quite thorough. The steps below are followed prior to preparation of the attached write-off resolution. • Invoice is sent to the recipient by the Finance Department payable in 30 days. • If payment is not received within 30 days, the receivable is forwarded to our collection agency, Armada Corp., and placed into pre -collect status. • At this time, Armada sends a Delinquency Notice to debtor notifying them of the past -due status of the receivable and asks them to contact the City to make payment. Payments can still be made directly to the City while in pre -collect status. • Once 30 days has passed in pre -collect status, the receivable then rolls over to active collections. At the onset of active collections, a letter is sent to the debtor notifying them of status change and advising that all payments must now be made through the collection agency. • When in active collections status, debtor is contacted both by phone and letter. A search is made for assets with which the debt could be satisfied. Once the debt has been in active collections for 45 days, it is then reported to the national credit bureaus • The last process in the collections cycle is the pursuit of legal action. This includes attaching checking accounts, garnishments and lawsuits. • The City will not issue or renew a business license until all outstanding debt owed to the City is paid. • It should be noted that while a debt may be written off our books: it is still active in Armada's collection process. DISCUSSION The proposed amount of the 2019 Cancellation of Accounts Receivable is $53,190.56. This is an annual housekeeping item. FINANCIAL IMPACT The financial impact of cancelling $53,190.56 will be to reduce our accounts receivable balance by this amount. Please note that while we are writing off the accounts receivable for accounting purposes., the accounts are still being actively worked for collection purposes with the exception 1 INFORMATIONAL MEMO Page 2 of those accounts where a responsible party cannot be identified. Accounts covered by bankruptcy law cannot be pursued. RECOMMENDATION The Council is being asked to approve the annual resolution authorizing the cancellation of Accounts Receivable and to forward this item to the Regular Meeting Consent Agenda of 10/7/19. ATTACHMENTS Attachment A — 2019 AR Write -Offs 2017 and Prior 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ORDERING THE CANCELLATION OF PAST DUE ACCOUNTS RECEIVABLES. WHEREAS, certain receivables and checks have been deemed uncollectable after efforts by both the City and a collection agency have been unsuccessful; and WHEREAS, the City will continue to pursue these receivables when practical; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: Miscellaneous Accounts Receivable. The total of $53,190.56 (per Attachment A) is deemed uncollectable. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of , 2019. ATTEST/AUTHENTICATED: Christy O'Flaherty, MMC, City Clerk Kathy Hougardy, Council President APPROVED AS TO FORM BY: Filed with the City Clerk: Passed by the City Council: Resolution Number: Rachel B. Turpin, City Attorney Attachment: 2019 AR Write -Offs 2017 and Prior W:\Legislative Development\Past Due Accts Receivables 9-9-19 CW:bjs Review and analysis by Barbara Saxton Page 1 of 1 3 4 2019 AR Write -Offs 2017 and Prior Gust No Name Inv Inv Date Due Date Descriptioin Billed Paid Balance AARBRO AARON BROTHERS PF-036 12/21/17 01/20/18 POLICE FALSE ALARMS C 150.00 0.00 150.00 ARAMAR ARAMARK PF-03477 08/28/17 09/27/17 FALSE ALARM 3 C 150,00 0.00 150.00 FOSGRN FOSTER GREENS APARTMENT PF-0 639 12/1 7 01117/18 POLICE FALSE ALARMS C 150.00 0,00 150.00 HAAKE HAAKENSON GROUP PF-03670 12/18/17 01117/18 POLICE FALSE ALARMS C 200.00' 0,00 200 00 HAAKEN HAAKENSON GROUP PF-03655 12/18/17 01/'i7/18 POLICE FALSE ALARMS C 150,00 0.00 150.00 HOMELA HOMELAND SECURITY PF-0 67 12/18f17 01117/18 POLICE FALSE ALARMS 150.00 0.00 150.00 HOMELA HOMELAND SECURITY PF-0 76 12/18/17 01/17f18 POLICE FALSE ALARMS 200,00 0.00 200.00 HOMELA HOMELAND SECURITY PF-03605 12/18/17 01t17/18 POLICE FALSE ALARMS 200.00 0.00 200.00 HOMELA HOMELAND SECURITY PF-03617 12/18/17 01/17/18 POLICE FALSE ALARMS 200.00 0.00 200.00 HOMELA HOMELAND SECURITY PF-03671 12/18/17 01/17/18 POLICE FALSE ALARMS 200.00 0.00 200b00 HOMELA HOMELAND SECURITY PF-03690 12/2 7 01/20/18 POLICE FALSE ALARMS 200.00 0.00 200.00 VECSEC FOR SLEEP NUMBER VECTOR PF-03555 12/18/17 01/17/18 POLICE FALSE ALARMS C 200.00 0.00 200.00 VECSEC FOR SLEEP NUMBER VECTOR PF-03643 12/18/17 01117/18 POLICE FALSE ALARMS C 200.00 0.00 200.00 KMITCH KRISHNA MITCHELL MB-02496 03/17/17 04/16/17 P 16-0139 C 3;351.76 0,00 3,351.76 MANTUI DIDIER L. MANTUILA MB-02732 12/29t17 01/28/18 WORK ORDER 21701611 C 7.2 6.03 800,00 6,406.03 MCKEE BRUDE MCKEE MB-02380 1 i/23/i6 12/23/16 REPLACE STREETLIGHT POLE C 0,057,59 0.00 6,057.59 MOHAMA MOHAMEDSALAH ALI MB-0264 07/26/ 7 08/2=8/17 WORK ORDER 21701603 C 2.241.17 0.00 2,241.17 PORTER TYRES S PORTER MB-02 43 04/2 7 05/25/17 WORK ORDER 216016/6 C 3,476.85 0.00 3,476.8 SINGHG GURSHARAN SINGH MB-02 24 09/16/16 10/16/16 CRYSTAL PRINGS PARK GUARDRAI C 10,483,14 0.00 10,483.14 BISHOP CHRISTOPHER L. BISHOP MB-02731 12/29/17 01/28/18 WORK ORDER 21 701609 C 15,8J0.02 0.00 15,890.02 FIDNAT FIDELITY NATIONAL TITLE MB 01454 12/31/13 01/30/14 REVISED BILL -REP MB-01348 C 2,934.00 0.00 2,934.00 53,190.56 2,350.00 50,840.56 5