The following provisions shall constitute the “bad debt”/“uncollectible accounts receivable” write-off policies and procedures for the town.
(A) In the event that the town’s accounts receivable are not paid within the time frame determined by the town, its agent or designee, the same shall be deemed delinquent. A penalty of the total account receivable bill for the municipal utilities shall be attached as delinquent.
(B) As used herein, BAD DEBT shall mean a delinquent account receivable, for which the town, agent or designee of the town, has reasonably and diligently attempted collection but to which such collection remains unsuccessful.
(C) The Clerk/Treasurer on an annual basis shall submit to the Town Council a list of the uncollectible billings from the municipal utilities. The Town Council, by majority vote, shall waive these uncollectible billings.
(D) The town, its agent or designee shall generate a formal report setting forth any and all efforts made to collect bad debts, and that such efforts have been unsuccessful.
(E) The town, its agent or designee in the formal report shall state the reasons that the town, its agent or designee believes it is economically not feasible to pursue further collection measures on the accounts receivable listed as the aforementioned “bad debts.”
(F) The annual schedule described in division (C) above and the formal report described in division (D) above, listing delinquent accounts, may be declared uncollectible, and the town by resolution may authorize the town, its agent or designee to cease further collection procedures after deeming documented accounts as “bad debts,” and may cause any and all bad debts to be written off.
(Ord. 7-13-2020-1, passed 8-10-2020)
Cross-references:
Refuse collection, see § 50.01
Sewers, generally, see Ch. 53
Water, generally, see Ch. 52
Water and sewer connection, see § 51.01