Agenda Item 4EAGENDA ITEM # 4E
OCTOBER 14, 2013
CITY OF ATLANTIC BEACH
CITY COMMISSION MEETING
STAFF REPORT
AGENDA ITEM: FY 2012 -13 — Summary of Utility Accounts Written Off
SUBMITTED BY: Nelson Van Liere, Finance Director
DATE: October 14, 2013
BACKGROUND: Utility accounts receivable with no activity after one (1)
year from the account termination date are written off
against the allowance for uncollectible accounts.
Even after write -off, the City's contracted collection
agency, MJ Altman, continues to pursue the amounts
written off
Attached is a summary of the total number and amount of
accounts written off in fiscal year 2012 -13 and the
percentage of write -offs related to the 2011 -12 fiscal year
utility revenues recognized.
Similar to prior years, the City's percentage of utility
revenues written off is 0.21 % of total revenues recognized
for the applicable year.
BUDGET: There is no budget for this action
RECOMMENDATION: No individual account balance was in excess of $2,500.
The City Manager is authorized to write -off those balances
$2,500 or less. This report is for informational purposes
only.
ATTACHMENTS:
Summary of Utility Accounts Written Off
REVIEWED BY CITY NAGER:
City of Atlantic Beach
Summary of Utility Accounts Written Off
FY 2012/2013
Percentage
Number Write -off FY 2011/2012 of Revenues
of Accounts Amount Revenues Written -Off
Total 205 $ 21,463.87 $ 10,287,838.30 0.21%
Accounts > $1,000:
1 RK Properties
2 Helping Hands Ministry
Remaining Accounts:
203 Accounts - Average - $ 86.99 / acct
2865 Mayport Rd $ 2,435.92
31 Lewis St 1,369.27
Subtotal 3,805.19
17,658.68
Total $ 21,463.87
AGENDA ITEM # 4E
OCTOBER 14, 2013
10/01/13