Posted: March 09, 2017
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF031517-07

Agenda Item Title:

Approve RESOLUTION 2016-025 RESOLUTION WRITING OFF UNCOLLECTIBLE ACCOUNT RECEIVABLE ACCOUNTS (PARKING VIOLATIONS)

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
03/15/2017
City Council Hearing Date:
03/20/2017
Staff Contact:
Pauline Sumption
Agenda Item Summary:
We have about 6,500 parking tickets from 2013 totaling $67,669.54 that we will more than likely not be able to collect. The auditors only like us to have 3 years’ worth of tickets on the books. In addition, now that we are moving to Tyler Technologies, we will be able to send letters out for delinquent tickets. This alone should help reduce both the number and dollar amounts of future tickets that will need to be written off.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center
Non-cash impact

Recommendations:

Origination Recommendation Action:
Approve

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