Ord 70-2023 Approving Transfer of Various Age Receivable Accounts to Dormant Status 12/19/2023 Ordinance No. 70-2023
Ordinance approving the transfer of various aged receivable
accounts to dormant status
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 Interim Director of Finance 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 $327,713.99
$327,713.99
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.
PASSED AND APPROVED this the 19th day of December 2023.
MAYOR
ATTEST:
/Vak,c,c,
City Clerk
Balance Balance
Acct# Account Description 9/30/2022 9/30/2023 Increase
550 Water and Sewer 3,394,182.24 3,640,770.31 246,588.07
530 Sanitation 1,114,348,97 1,180,305.72 65,956.75
552 Stormwater 237,701.24 252,870.41 15,169.17
4,746,232.45 5,073,946.44 327,713.99