RECOMMENDATION(S):
AUTHORIZE the discharge from accountability for certain Device Registration accounts in the amount of $6,302 that are not collectible due to one or more of the following reasons: the accounts were discharged in Bankruptcy; debtors are deceased; the statue of limitations for pursuing recovery of the debt has expired; the cost of recovery is excessive; and/or the debtor no longer resides in the State.
FISCAL IMPACT:
The value of the accounts to be discharged total $6,302, which are covered by the Department's General Fund allocation.
BACKGROUND:
The Agriculture Department has received confirmation from the Office of Revenue Collections that these accounts in the system are not recoverable due to one or more of the following reasons: the accounts are being discharged in Bankruptcy; debtors are deceased; the statute of limitations for pursuing recovery of the debt has expired; the cost of recovery is excessive; and/or debtor no longer resides in the State. Based on the stated facts, the Agriculture Department should write off these accounts as "uncollectible".
|