(A) Once the Town Council approves the uncollectible list, the Utility Clerk will make the appropriate entries to write-off the uncollectible receivable balance by using the direct write-off method. The direct write-off method results in the write-off of a utility bill directly to accounts receivable when deemed to be uncollectible.
(B) Accounts that have had a write-off will be flagged as having had an uncollectible balance in the past. Any future transactions for those account holders will be denied until the uncollectible balance is paid in full. However, this provision will not apply if the debt is fully discharged in bankruptcy.
(C) No refund of utility billing or deposits will be issued for less than $2. The utility will post this as miscellaneous revenue.
(Ord. 2012-9-2, passed 9-4-2012)