Res 003-2019 Aged Receivables to Dormant Status 1/15/2019
Resolution No. 03-2019
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 and/or outside collection agencies.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
1. The Acting Finance Director 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 $291,799.38
Total Amount $291,799.38
2. The City Attorney and/or outside Collection Agencies are authorized to
evaluate the un-collectible accounts receivable and file suits and claims therein if such
actions are determined to be cost-effective.
th
PASSED AND APPROVED this the 15 day of January, 2019.
______________________________
M A Y O R
ATTEST:
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City Clerk