The city may assign for collection any or all delinquent accounts receivable. After reasonable collection efforts for accounts receivable under $5,000, the city finance officer may determine that an account is uncollectible, and direct that the uncollectible amount be removed from the records and disclosed on that year’s financial report. For accounts receivable of $5,000 or more, the city council shall determine that an account is uncollectible, and direct that the uncollectible amount be removed from the records and disclosed on that year’s financial report. Evidence of the debt removed from the records by the formal action of the finance officer or the city council shall be retained by the city to support possible subsequent collection of that debt.
(1992 Code, § 2-28) (Ord. 43-95, passed 3-6-1995)