Res 194-2007 12/18/2007 RESOLUTION NO. 194-2007
RESOLUTION APPROVING THE TRANSFER OF VARIOUS AGED
RECEIVABLE ACCOUNTS TO DORMANT STATUS AS PART OF THE CITY'S
FISCAL YEAR END CLOSING PROCESS; DETERMINING THAT THE
MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE
PUBLIC AS REQUIRED BY LAW.
WHEREAS, each year the City Council removes from the general ledger various aged
receivable accounts and transfers them to dormant status for collection by the Legal
Department or the City's collection agency.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WICHITA FALLS, TEXAS, THAT:
SECTION 1. The 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:
Miscellaneous Accounts Receivable $ 5,180.28
Water/Sewer/Refuse/Storm Water Charges $ 159,088.87
TOTAL WRITE-OFF $ 164,269.15
SECTION 2. It is hereby officially found and determined that the meeting at which this
resolution was passed was open to the public as required by law
PASSED AND APPROVED this the 18th day of December 2007.
MAYOR
TTEST:
City Clerk