Ord 62-2022 Approving Transfer of Various Accounts and Appropriating FAA COVID Funds 12/20/2022 Ordinance No. 62-2022
Ordinance approving the transfer of various aged receivable accounts
to dormant status and appropriating FAA COVID Funds to the
Kickapoo Airport Fund 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 ORDAINED 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 $133,378.98
$133,378.98
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.
3. The revisions to the FY 2021-22 Budget are hereby adopted. These revisions
will increase appropriations in Kickapoo Airport Fund from $1,076,780 to $1,159,494, an
increase of $82,714. The increase in the Kickapoo Airport Fund will be offset with a
transfer in of available FAA COVID Cares Funds.
PASSED AND APPROVED this the 20th day of December 2022.
MAYOR
ATTEST:
47qaAL
City Clerk
Balance Balance
Acct# Account Description 9/30/2021 9/30/2022 Increase
550 Water and Sewer 3,309,568.17 3,394,182.24 84,614.07
530 Sanitation 1,074,405.03 1,114,348.97 39,943.94
552 Stormwater 228,880.27 237,701.24 8,820.97
4,612,853.47 4,746,232.45 133,378.98