Title
Approval of Incorporated County of Los Alamos Resolution No. 18-10: A Resolution Removing Uncollectible Utility Accounts from the Incorporated County of Los Alamos' Accounts Receivable List for Fiscal Year 1999 Through Fiscal Year 2013
Recommended Action
I move that the Board of Public Utilities approve Incorporated County of Los Alamos Resolution No. 18-10: A Resolution Removing Uncollectible Utility Accounts from the Incorporated County of Los Alamos' Accounts Receivable List for Fiscal Year 1999 Through Fiscal Year 2013 and forward to the Council with a recommendation for approval.
Staff Recommendation
Staff recommends that the Utilities Board approve Resolution No. 18-10, A Resolution Removing Uncollectible Utility and Miscellaneous Receivable Accounts from Accounts Receivable List of Los Alamos County and forward to the Council with a recommendation for approval.
Body
Pursuant to NMSA 1978, Section 3-37-7, it is requested that the County Utilities Board approve the write off of these uncollectible accounts. These accounts have been uncollectible for four (4) or more years, and all avenues for collection by the county have been exhausted. Once the Utilities Board has formally approved the write-offs for utility charges, a resolution will be prepared for County Council approval.
The New Mexico Attorney General’s Opinion 70-88 indicated that writing off such uncollectible accounts has no effect on the County’s future right to collection if circumstances change, and if collection is not barred by the applicable statute of limitations.
The accounts listed are accounts that have been inactive for more than four years and have been inadvertently skipped during the yearly write-off process. This effort prior to end of the current fiscal year is to prevent converting them into the new ERP system. The write off of an account is intended to more accurately reflect the value of the receivables, but in no way affects the collectability of an account shoul...
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