DEPARTMENT MAKING REQUEST
Budget & Admin Services
Title
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Utilities Uncollectible Accounts Through March 31, 2025 Write Off
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REQUESTED MOTION/ACTION
recommendation
Recommended Action:
Approve write off of accumulated Utilities uncollectible accounts through March 31, 2025.
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budget
Budgeted Action:
No action needed.
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BACKGROUND (Why is this Action Necessary, and What Action will be accomplished)
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Background:
Pursuant to Charlotte County Utilities Credit and Collection Policy, under Resolution 2007-179, request Board ratification of the purging of the attached Charlotte County Utilities accounts which have been deemed uncollectible. These accounts are all inactive with terminated service. They are considered bad debt as of March 31, 2025. These adjustments are an accounting function, not a forgiveness of debt; it allows for the proper matching of revenues and expenditures. Internal and external collection efforts will continue on these accounts.
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