Res 170-2017 12/19/2017
Resolution No. __170-2017__
Resolution approving the transfer of various aged receivable
accounts to dormant status as part of the city’s fiscal year end
closing process
WHEREAS, each year, the City Council removes from the general ledger various
aged receivable accounts and transfers them to dormant status for possible collection
by the Legal Department.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
1. The Chief Financial Officer is hereby authorized to remove from the general
ledger the charges hereinafter set out, which are now deemed un -collectible and/or
obsolete:
Water/Sewer/Refuse/Storm Water Charges $409,467.30
TOTAL AMOUNT $409,467.30
2. The City Attorney is authorized to evaluate the un -collectible accounts
receivable and file suits and claims therein if such actions are determined to be cost -
effective.
PASSED AND APPROVED this the 19th day of December, 2017.
______________________________
M A Y O R
ATTEST:
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City Clerk