RECOMMENDATIONS
ADOPT Resolution No. 5194 to approve collection loss write-offs in the public housing program in the amount of $15,738.57 for the quarter ending September 30, 2015.
BACKGROUND
This collection loss is for the public housing program. The requested collection loss write-off reflects a total of seven accounts that are recommended for write-off. The following chart illustrates the collection losses per quarter for the past four quarters:
BACKGROUND (CONT'D)
Conventional Program |
9/15 |
$15,738.57 |
6/15 |
$16,060.46 |
3/15 |
$58,637.66 |
12/14 |
$21,992.09 |
|