Agenda

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C. 5

Housing Authority

Meeting Date:	02/14/2012
Official Body:	Contra Costa County Housing Authority Board of Commissioners

Information

Recommendations

ADOPT Resolution No. 5150 to approve collection loss write-offs in the public housing program in the amount of $23,106.43 for the quarter ending December 31, 2011.

Background

This collection loss is for the public housing program. The requested collection loss write-off reflects a total of 17 accounts that are recommended for write-off. The following chart illustrates the collection losses per quarter for the past four quarters:

Conventional Program

12/11 $23,106.43
09/11 $64,925.62
06/11 $43,237.67
03/11 $74,275.82

Prior to submission of an account for write-off, staff makes every effort to collect money owed to HACCC. Once an account is written-off, it may be referred to a collection agency for further repayment efforts. Past participants who owe HACCC, or any other housing authority, money may be denied admission to the public housing or housing choice voucher programs in the future unless the debt is repaid. Past participants can be denied admission in the future even if their debt has been written off.

Fiscal Impact

Uncollectable accounts impact on the budget by reducing total rental income. At the end of each quarter, the Housing Authority of the County of Contra Costa (HACCC) writes off those accounts that have been determined to be uncollectable. Once an account is written off, it can be turned over to a collection agency. For the quarter ending December 31, 2011, the collection loss write-off total is $23,106.43.

Consequence of Negative Action

Should the Board of Commissioners elect not to adopt Resolution No. 5150 these accounts would inflate the total accounts receivable for HACCC and present an inaccurate financial picture.

Budget Information

Information about available funds

Budgeted:

Funds Available:

Adjustment:

Amount Available:

Unbudgeted:

Funds NOT Available:

Amendment:

Account Code(s) for Available Funds
1:

Fund Transfers

Attachments
HACCC BO Item C.5