Reso. No. _____
DocID #69195v1
RESOLUTION NO. ______
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RICHMOND,
CALIFORNIA, AUTHORIZING THE WRITE-OFF OF DELINQUENT AND/OR
UNCOLLECTABLE ACCOUNTS IN THE CITY OF RICHMOND, COUNTY OF
CONTRA COSTA, STATE OF CALIFORNIA
WHEREAS, pursuant to Administrative Manual-Policy Statement AP 251, Write-Off Delinquent Accounts, the Finance Department regularly reviews all accounts receivable items to determine delinquency and collectability ; and to comply with federal regulations and Generally Accepted Accounting Principles (GAAP), the Finance Department writes off unpaid accounts receivables deemed uncollectible; and
WHEREAS, the Finance Department determines the accounts to be both delinquent and uncollectable, the accounts are written -off to assure that accounts receivable are not misstated, and to ensure
these aged receivables do not continue to be recorded as assets; and
WHEREAS, the delinquent accounts are enumerated in Attachment 1.
NOW, THEREFORE, BE IT RESOLVED that pursuant to Policy Statement AP 251, Write-Off Delinquent Accounts of the Administrative Manual of the City of Richmond, the City Council of the City of Richmond does hereby write off the delinquent and uncollectable accounts receivable items in the amounts as identified in Attachment 1 which are attached hereto and incorporated herein by this reference.
SOURCE TOTAL
RETURNED CHECKS (Var. Funds) 105,667.62
BUILDING 37,435.83
PLANNING 20,188.57
LIBRARY 49,050.28
COMMUNITY SERVICES 201,482.11
GEN. FUND FRAUD RECOVERY 121,674.71
TOTAL 535,499.12
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***THE CLERK’S OFFICE WILL COMPLETE THE INFORMATION BELOW****
I certify that the foregoing resolution was passed and adopted by the City Council of the City of Richmond at a regular meeting thereof held on Mmmm dd, yyyy, by the following vote:
AYES:
NOES:
ABSTENTIONS:
ABSENT:
CLERK OF THE CITY OF RICHMOND
(SEAL)
Approved:
Mayor
Reso. No. _____
DocID #69195v1
Approved as to form:
City Attorney
State of California }
County of Contra Costa : ss.
City of Richmond }
I certify that the foregoing is a true copy of Resolution No. _____, finally passed and adopted by the City Council of the City of Richmond at a regular meeting held on Mmmm dd, yyyy.
_______________________________________
Pamela Christian, Clerk of the City of Richmond