Government Management Committee. P:\2015\Internal Services\acc\ gm15005acc (AFS 20215)
|
|
- Stephen Lane
- 7 years ago
- Views:
Transcription
1 GM4.1 STAFF REPORT ACTION REQUIRED 2014 Accounts Receivable Write-off Report Date: April 24, 2015 To: From: Wards: Reference Number: Government Management Committee Treasurer All P:\2015\Internal Services\acc\ gm15005acc (AFS 20215) SUMMARY This report provides information on account receivable amounts written off as uncollectible in 2014 under delegated authority provided to the Treasurer. RECOMMENDATIONS The Treasurer recommends that: 1. Government Management Committee receive this report for information. Financial Impact There are no financial implications as a result of this report. Amounts totalling $1,399, were written off by the Treasurer in 2014 in accordance with the City's Financial Control By-law, after completion of appropriate collection efforts. These amounts (detailed in the Comments section of this report) have been provided for in the City's "Allowance for Doubtful Accounts" and expensed in previous years. The Deputy City Manager & Chief Financial Officer has reviewed this report and agrees with the financial impact information. Staff report for action on 2014 Accounts Receivable Write-off 1
2 DECISION HISTORY The City's Financial Control By-law (i.e. Chapter 71, Toronto Municipal Code, Financial Control) as amended by Council on December 13, 2007, states that: "Write-offs of amounts owing to the City in excess of $50,000 must be approved by Council except for tax reductions as a result of a successful appeal of assessment or taxes by a taxpayer". The Treasurer has the authority to write-off outstanding amounts owing to the City as uncollectible, if the amount is not more than $50,000 and is not an amount raised as taxation or deemed to be taxes, except for items added to the tax bills for collection purposes only and not as a result of a tax or assessment appeal. A further amendment to the Financial Control By-law of June 24, 2008 authorizes the Treasurer to write-off amounts up to $500,000 where the City Solicitor has been asked to try to recover the amount owing and the City Solicitor concludes that the amount is uncollectible. Following is the link to Chapter 71, Toronto Municipal Code, Financial Control: On an annual basis, the Treasurer reports to Committee and Council on accounts receivable amounts written off as uncollectable under delegated authority, and if required, to seek approval for the write-off of uncollectible amounts in accordance with the provisions of the Financial Control By-law (Toronto Municipal Code, Chapter 71). Following is the link to the 2013 Accounts Receivable Write-off Report received by Government Management Committee at its meeting held on April 7, 2014 (re: GM29.8). ISSUE BACKGROUND All City Divisions are required to review their outstanding receivables on a regular basis and establish appropriate allowances for all accounts where collection is considered doubtful. The Accounting Services Division reviews these provisions annually for adequacy and recommends adjustments where appropriate. As a general practice, all amounts over $1,000 are forwarded to Legal Services for collection action which may include litigation or small claims court action. Legal may recommend settlement based on the information available. Amounts under $1,000 are sent to two collection agencies. If the first collection agency is unsuccessful within six (6) months the amount is sent to the second collection agency for another six (6) months. Once all collection efforts have been exhausted and senior management staff, Legal Services and/or the City's contracted collection agencies have deemed the amount(s) to be uncollectible, a write off request is initiated and the required approvals are obtained from the appropriate Division, Director of Accounting Services and the Treasurer. This report does not include Council authorized settlements delegated to the City Solicitor on specific matters. Staff report for action on 2014 Accounts Receivable Write-off 2
3 COMMENTS In 2014, the Treasurer approved the write off of individual accounts receivable balances of $50,000 or less, as summarized in Table 1 below. Table 1: Amounts Approved for Write-ff by Treasurer in 2014 Transportation Services $ 727, Solid Waste 220, Toronto Water 187, Long Term Care Homes & Services 98, Municipal Licensing & Standards 81, Parks, Forestry & Recreation 31, Children's Services 28, Other divisions 24, TOTAL written off $1,399, Transportation Services Transportation Services recommended that the Treasurer approve write-offs of $727,287.19, including: $35, for various invoices pertaining to bore holes, utility cuts, other miscellaneous invoices and late payment charges, represents less than 0.1% of the total revenues. $154, for invoices billed to third parties for repairs made to the Transportation infrastructure (poles, guide rails, traffic signals etc.). These are the result of motor vehicle accidents for which reports are obtained from Toronto Police Services supporting the invoicing for the damages. The major portion of write-offs relates to the difference between the cost to replace equipment and the equipment's depreciated value. These write-offs represent approximately 0.2% of total charges. $362, for an invoice of $847, for recovery of costs relating to a water main rupture and consequential road damage on Bermondsey Road in The company refused to pay due to a pricing dispute and the account was forwarded to Legal Services. A settlement was accepted and Legal Services recommended that the remaining amount including late payment charges be written off in accordance with City's Financial Control By-law. $174, for various invoices for front yard and boulevard parking. During 2014 front yard and boulevard parking reporting and monitoring was centralized to provide better management and collection. The former Street Allowance Rental Application (SARA) system had 519 accounts that were terminated between 2000 Staff report for action on 2014 Accounts Receivable Write-off 3
4 and 2014, but were never officially closed, adjusted, sent for collection and/or written off. These files represent only 1.2% of all front yard and commercial boulevard parking licenses accounts. The front yard parking collections protocols have been centralized and updated to ensure better monitoring and collection of outstanding accounts. Solid Waste Management Solid Waste Management recommended that the Treasurer approve write-offs totalling $220,260.28, largely comprised of the following: $180, consisting of the net amount of invoices and late payment charges disputed by a company that was a contractor to the City of Toronto for the removal of old large appliances and scrap steel from the City's waste transfer stations in 2008 and A legal settlement of the action was reached at a mediation session held on January 20, 2014 wherein the City accepted a total of $145,000 in full satisfaction of the outstanding invoices and late payment charges totalling $325, $26, for invoices from one company for use of the City's transfer station for waste disposal in the years 1999 and Although the City obtained a default judgement against the company and filed Write of Seizure and Sale, no amounts were recovered as the company is no longer in operation. Overall, the write offs for Solid Waste represent less than 0.1% of annual revenues. Toronto Water Toronto Water recommended that the Treasurer approve write-offs totalling $187,303.48, largely comprised of the following: $41, for various invoices and late payment charges for balances owing by contractors for water usage during construction projects. $28, for various invoices and late payment charges for balances owing on damages to water service lines. $40, of late payment charges written off as part of settlement agreements. $24, for various invoices and late payment charges for various balances owing on sanitary and water installation invoices. All of the aforementioned amounts for Toronto Water were written off after collection efforts (including issuing to two separate collection agencies) failed. $17, for an invoice dated 2008 to recover the cost to repair water street line valve allegedly damaged by the company when conducting construction activities at 188 Cartwright Avenue. The company denied liability for the damages. The file Staff report for action on 2014 Accounts Receivable Write-off 4
5 was referred to Legal Services, which investigated the matter and recommended write off. $16,759.45, including late payment charges, for costs incurred to repair a blocked sewer at 18 Lower Jarvis in January The file was referred to Legal Services, which investigated the matter and recommended write off. $15,988.27, including late payment charges, invoiced to a company that was contracted by the City for replacing water-boxes and lead water service lines at various location throughout the City. The City alleged that the company caused damages to the water service line and water boxes at three (3) locations. The company denied the claim and the account was referred to Legal Services, which investigated the matter and advised that there were insufficient evidence to substantiate the City's claim. The total write offs for Toronto Water represents less than 0.1% of annual revenues. Long-Term Care Long Term Care (LTC) Homes & Services recommended that the Treasurer approve write-offs in the amount of $98, Ontario Regulation 79/10 and prior legislation prohibits the Long-Term Care Homes from discharging a resident based on the resident's financial situation, including the non-payment of accommodation fees. Referrals for write-off are not made while the resident is living in the Home; all accounts referred for write-off from the Long-Term Care Homes & Services Division are accounts of deceased or discharged residents, the majority being deceased residents. When a debtor resident passes away, the City's Legal Services Division conducts estate searches, and may conclude that the estate is insolvent and the account is recommended for write-off. The total write offs for Long-Term Care represents 0.2% of the total annual revenues. Municipal Licensing and Standards Municipal Licensing and Standards recommended that the Treasurer approve write-offs of $81,597.60, including: $46, of unpaid invoices from 2009 to 2014 for various companies for the removal of illegally placed signs and remedial action resulting from non-compliance with orders issued by the City. $34, for permitting and enforcement of encroachment fees carried over from 2008 from various older systems. Parks, Forestry & Recreation Parks Forestry and Recreation recommended that the Treasurer approve write-offs of $31,324.93, representing $21, plus post-judgement interest from a tenant evicted from the property without paying any of the amounts outstanding. The tenant was Staff report for action on 2014 Accounts Receivable Write-off 5
6 unemployed, on assistance, and owned no property. Following investigation, Legal Services has recommended this be written off. Children's Services Children's Services has recommended that the Treasurer approve write-offs in the amount of $28,191.58, representing unpaid fees from various families using City of Toronto run daycare centres. When a family leaves Child Care Services and has an outstanding balance, Children's Services sends out three (3) letters to the address on file. Collection agencies are used when the family's income is higher than the low income cut-off (LICO) and the amount outstanding is being between $5 and $1,000. Any account that is greater than $1,000 is sent to Legal. These accounts were referred to Legal Services or collection agencies, as appropriate, however collection efforts were unsuccessful. The total write offs for Children Services represents less than 0.1% of the total annual revenues. Other Divisions Other Divisional amounts totalling $24, include various amounts deemed uncollectible by the respective Division, Accounting Services and either Legal Services or the collection agencies. These write-offs represent less than 0.1% of charges. CONTACT Mike St. Amant, Director, Accounting Services, Tel: (416) , Fax: (416) , mstaman@toronto.ca SIGNATURE Giuliana Carbone Treasurer Staff report for action on 2014 Accounts Receivable Write-off 6
Government Management Committee. P:\2012\Internal Services\acc\gm12007(AFS14732)
STAFF REPORT ACTION REQUIRED 2011 Accounts Receivable Write-off Report Date: March 29, 2012 To: From: Wards: Reference Number: Government Management Committee Treasurer All P:\2012\Internal Services\acc\gm12007(AFS14732)
More information3 2010 ACCOUNTS RECEIVABLE STATUS AND WRITE-OFF REPORT
3 2010 ACCOUNTS RECEIVABLE STATUS AND WRITE-OFF REPORT The Finance and Administration Committee recommends the adoption of the recommendations contained in the following report dated February 1, 2011,
More informationSupplementary Report: 2015 Heads and Beds Levy on Institutions
STAFF REPORT INFORMATION ONLY Supplementary Report: 2015 Heads and Beds Levy on Institutions Date: July 6, 2015 To: From: Wards: Reference Number: City Council Acting Treasurer All P:\2015\Internal Services\rev\cc15017rev
More informationAUSTRALIAN MUSEUM DEBT RECOVERY POLICY
AUSTRALIAN MUSEUM DEBT RECOVERY POLICY Aim To ensure the efficient and effective recovery of outstanding debts while maintaining a quality customer service. Debtors overview All Invoices are to be raised
More informationPOLICY ON PROVISION FOR DOUBTFUL DEBT AND WRITE-OFF OF IRRECOVERABLE DEBT
POLICY ON PROVISION FOR DOUBTFUL DEBT AND WRITE-OFF OF IRRECOVERABLE DEBT 1 TABLE OF CONTENTS 1 DEFINITIONS 2 PURPOSE OF POLICY 3 IMPAIRMENT OF DEBTOS 4 RESPONSIBILITY/ACCOUNTABILITY 5 WRITE-OFF OF DOUBTFUL
More information2015 Education Property Tax Levy and Clawback Rate By-Law. Deputy City Manager & Chief Financial Officer
STAFF REPORT ACTION REQUIRED EX5.13 2015 Education Property Tax Levy and Clawback Rate By-Law Date: April 14, 2015 To: From: Wards: Reference Number: Executive Committee Deputy City Manager & Chief Financial
More informationOntario Works Policy Directives
Ontario Works Policy Directives 9.3 Recovery of Overpayments Legislative Authority Sections 19-23, 28(6) and 32 of the Act Section 62 of Regulation 134/98. Section 10 of Regulation 135/98. Audit Requirements
More informationCEDERBERG MUNICIPALITY POLICY ON THE WRITING-OFF OF IRRECOVERABLE DEBT FEBRUARY 2016
1 CEDERBERG MUNICIPALITY POLICY ON THE WRITING-OFF OF IRRECOVERABLE DEBT FEBRUARY 2016 1 2 CONTENTS: 1. PURPOSE OF THE POLICY 3 2. RESPONSIBILTY AND ACCOUNTABILTY 3 3. POLICY PRINCIPLES 4 4. CATEGORIES
More informationINCOME MANAGEMENT POLICY
INCOME MANAGEMENT POLICY 1. Principles 2. Aims 3. Methods * Arrears Prevention * Debt Recovery * Rent Accounting 4. Statutory and Regulatory Requirements 5. Performance Monitoring 6. Review 7. Date of
More informationGuidelines for Writing Off Fines
Guidelines for Writing Off Fines Document No: 1 Version No: 1.0.2 Date: 9 May 2012 Contact: John Ovenstone Deputy Director, State Debt Recovery Office of State Revenue Table of Contents 1 Policy Statement
More information2014 Consulting Services Expenditure City Divisions and Major Agencies and Corporations. Government Management Committee
GM5.6 STAFF REPORT ACTION REQUIRED 2014 Consulting Services Expenditure City Divisions and Major Agencies and Corporations Date: May 29, 2015 To: From: Wards: Reference Number: Government Management Committee
More informationContinual Participation in the Driver Certification Program with the Ministry of Transportation of Ontario. Government Management Committee
GM4.7 STAFF REPORT ACTION REQUIRED Continual Participation in the Driver Certification Program with the Ministry of Transportation of Ontario Date: April 27, 2015 To: From: Wards: Reference Number: Government
More informationIMPAIRMENT OF DEBTORS & WRITE-OFF POLICY
IMPAIRMENT OF DEBTORS & WRITE-OFF POLICY REVISED 1 JULY 2013 STEVE TSHWETE LOCAL MUNICIPALITY MP313 1. INTRODUCTION The Municipal Finance Management Act, Act 56 of 2003 states that the municipality must
More informationRochdale MBC Corporate Debt Management Policy. Contents Page. Page
Rochdale MBC Corporate Debt Management Policy Contents Page Page 1. Background and Objectives 1.1 What is a Corporate Debt Management Policy 1 1.2 Introduction 1 1.3 Objectives of the Policy 1 1.4 What
More information815 CMR 9.00: DEBT COLLECTION AND INTERCEPT. Section
815 CMR 9.00: DEBT COLLECTION AND INTERCEPT Section 9.01: Purpose, Application and Authority 9.02: Definitions 9.03: Billing Entity Requirements for Collection of Debts 9.04: Simultaneous Submission of
More informationReclamation Manual Directives and Standards
FILE: 08 ACCOUNTS RECEIVABLE 20 Collections SUPPLEMENT TO THE DEPARTMENT OF THE INTERIOR DEPARTMENTAL ACCOUNTING MANUAL Subject(A): Purpose: Tracking and Write-Off of Delinquent Accounts Receivable Establishes
More information815 CMR: COMPTROLLER'S DIVISION 815 CMR 9.00: DEBT COLLECTION AND INTERCEPT. Section
815 CMR 9.00: DEBT COLLECTION AND INTERCEPT Section 9.01: Purpose, Application and Authority 9.02: Definitions 9.03: Billing Entity Requirements for Collection of Debts 9.04: Simultaneous Submission of
More informationMOPANI DISTRICT MUNICIPALITY
MOPANI DISTRICT MUNICIPALITY POLICY ON THE WRITING OFF OF IRRECOVERABLE DEBT TABLE OF CONTENTS 1. INTRODUCTION 2. PURPOSE OF THE POLICY 3. RESPONSIBILITY/ACCOUNTABILITY 4. POLICY PRINCIPLES 5. CATEGORIES
More informationRECOVERY OF DEBTS, RATES AND SERVICE CHARGES
RECOVERY OF DEBTS, RATES AND SERVICE CHARGES POLICY NO. 1.2.13 (Adopted at the Ordinary Meeting of Council held on 8 June 2010) Index OBJECTIVES 1 POLICY STATEMENT 1 Definitions 1 GUIDELINES AND PROCEDURES
More informationDebt Recovery Policy. Draft Copy
Debt Recovery Policy Draft Copy Table of Contents 1. Introduction...1 2. Policy Aims...2 3. How These Link to Our Corporate Aims...3 4. Policies Common to All Types of Debt...4 5. Principles of Enforcement
More informationPOLICY ON THE WRITING-OFF OF IRRECOVERABLE DEBT
POLICY ON THE WRITING-OFF OF IRRECOVERABLE DEBT 2014/2015 1 TABLE OF CONTENTS 1. INTRODUCTION 2 2. PURPOSE OF THE POLICY 2 3. RESPONSIBILTY AND ACCOUNTABILTY 2 4. POLICY PRINCIPLES 3 5. CATEGORIES OF DEBTORS
More informationPolicy and Procedures for the Recovery of Council tax and Business Rates
Scope and Purpose of this Policy Policy and Procedures for the Recovery of Council tax and Business Rates 1 The purpose is to establish a policy to ensure consistency, equality and probity in the collection
More informationNQUTHU LOCAL MUNICIPALITY ( The Municipality )
NQUTHU LOCAL MUNICIPALITY ( The Municipality ) BAD DEBT (IMPAIRMENT) POLICY 2013-2014 1. Definitions 2. General principles INDEX Page No. 7. Policy Adoption Page 2 of 7 1. DEFINITIONS For the purpose of
More informationNorth East Lincolnshire Council. Debt Management Strategy
North East Lincolnshire Council Debt Management Strategy Section Title Page No 1. Introduction 2. General Principles 3. Principles common to all debts 4. Principles of Enforcement 5. Strategy specific
More informationMERAFONG CITY LOCAL MUNICIPALITY
MERAFONG CITY LOCAL MUNICIPALITY DEBT WRITE OFF POLICY 2013/2014 Approved debt write off policy 2013/2014 1 INTRODUCTION The purpose of this document is to outline sound principles and practices to be
More informationDEBT COLLECTION POLICY
DEBT COLLECTION POLICY 1. INTRODUCTION The Debt Collection policy must be read with the Customer Care and Management Policy. 2. OBJECTIVE The objective of the Debt Collection Policy is to ensure that all
More informationCorporate Policy and Procedure
Page Page 1 of 15 TAB: SECTION: SUBJECT: FINANCE AND ACCOUNTING TAXES COLLECTION OF OUTSTANDING PROPERTY TAXES POLICY STATEMENT PURPOSE SCOPE The City of Mississauga collects taxes on behalf of the City,
More informationCHAPTER 8: SECTION 1 CREDIT/ACCOUNTS RECEIVABLE POLICY
CHAPTER 8: SECTION 1 CREDIT/ACCOUNTS RECEIVABLE POLICY CRS 24-30-202.4 states: The controller shall advise and assist the various state agencies concerning the collection of debts due the State through
More informationBRACKNELL FOREST COUNCIL ADULT SOCIAL CARE & HEALTH DEBT RECOVERY POLICY & PROCEDURES
BRACKNELL FOREST COUNCIL ADULT SOCIAL CARE & HEALTH DEBT RECOVERY POLICY & PROCEDURES POLICY DOCUMENT Table of Contents 1. Definitions and Abbreviations... 3 2. Legal Status... 4 3. Principles for Debt
More informationPOLIC Y POLICY POLICY POLICY POLICY CS.1 ATTACHMENT. Policy Title: Debt Management Policy 2013. Date of Adoption:
CS.1 ATTACHMENT POLIC Y POLICY POLICY POLICY POLICY Policy Title: Debt Management Policy 2013 Date of Adoption: Adoption Method: Council Executive Other (please specify) CEO Signature: Responsible Officer
More informationSUNDRY DEBT RECOVERY FINANCIAL PROCEDURE 15. OWNER: Head of Financial Control
SUNDRY DEBT RECOVERY FINANCIAL PROCEDURE 15 OWNER: Head of Financial Control Version 4.0 March 2012 CODE OF PRACTICE SUNDRY DEBT RECOVERY CONTENTS Part Page Extract from Financial Regulations 3 Code of
More informationUPDATED DRAFT DEBT AND CREDIT CONTROL POLICY
UPDATED DRAFT NALEDI LOCAL MUNICIPALITY Council resolves to adopt the following proposal as the Debt and Credit Control Policy of the Naledi Local Municipality Policy effective date: [30 May 2012] Approved
More informationRATLOU LOCAL MUNICIPALITY
RATLOU LOCAL MUNICIPALITY CREDIT CONTROL AND DEBT COLLECTION POLICY Original Council Approval Date of Council Approval Resolution Number Effective Date Amended CONTENTS CREDIT CONTROL AND DEBT COLLECTION
More informationAppendix D: 2015 Program & Service Budget
Appendix D: 2015 Program & Service Budget Program & Service Budget by Program.. 1 Program & Service Budget by Sub-Program....... 2 Program & Service Budget by Service.... 3 Program & Service Budget by
More informationCouncil Tax Service Revenues and Benefits Unit Debt Recovery Policy 2015/16
Council Tax Service Revenues and Benefits Unit Debt Recovery Policy 2015/16 Version 1.8 April 2015 1 Contents Page No. 1. Recovery process up to the liability order stage 1 2. Hardship 4 3. Recovery process
More informationProperty Tax Exemption Agreement for Properties Owned by Bathurst Jewish Centre and United Jewish Welfare Fund (4588 and 4600 Bathurst Street)
STAFF REPORT ACTION REQUIRED Property Tax Exemption Agreement for Properties Owned by Bathurst Jewish Centre and United Jewish Welfare Fund (4588 and 4600 Bathurst Street) Date: December 23, 2008 To: From:
More informationTORONTO MUNICIPAL CODE CHAPTER 880, FIRE ROUTES. Chapter 880 FIRE ROUTES
Chapter 880 FIRE ROUTES 880-1. Definitions. 880-2. Application for designation of private road as fire route. 880-3. Consideration of application. 880-4. Disposition of application. 880-5. Appeals. 880-6.
More informationCABINET. 19 March 2013. Title: Debt Management Performance and Write-Offs 2012/13 (Quarter 3)
CABINET 19 March 2013 Title: Debt Management Performance and Write-Offs 2012/13 (Quarter 3) Report of the Cabinet Member for Finance Open Report Wards Affected: None Report Author: Jonathan Bunt, Divisional
More informationLEKWA LOCAL MUNICIPALITY BUDGET RELATED POLICY
LEKWA LOCAL MUNICIPALITY BUDGET RELATED POLICY WRITING OFF OF BAD DEBTS AND THE IMPAIRMENT OF DEBTORS POLICY 1. INTRODUCTION The Council of Lekwa Local Municipality resolves in terms of section 97 (1)(d)(ii)
More informationCHAPTER 25: EMERGENCY RESPONSE COST RECOVERY I. COST RECOVERY PROCEDURES
CHAPTER 25: EMERGENCY RESPONSE COST RECOVERY Article I. COST RECOVERY PROCEDURES II.. PUBLIC SAFETY AND FIRE EMERGENCY RESPONSE COST RECOVERY 25-1 Clio - Emergency Response Cost Recovery 25-2 Section 25.101
More informationBusiness Rates Service Revenues and Benefits Unit Debt Recovery Policy 2015/16
Business Rates Service Revenues and Benefits Unit Debt Recovery Policy 2015/16 Version 1.1 June 2015 1 1. Introduction 1.1 This policy document explains the Council s policy in respect of the recovery
More informationcustomer debt recovery
policy customer debt recovery Responsible Officer: Assistant Chief Executive Neighbourhoods Approved: March 2017 Review Date: August 2015 Version: 2 Date Ratified: March 2011 Scope: Incommunities Incommunities
More informationSWELLENDAM MUNICIPALITY BAD DEBT WRITE OFF POLICY, 2016 IMPLEMENTATION DATE 1 JULY 2016
SWELLENDAM MUNICIPALITY BAD DEBT WRITE OFF POLICY, 2016 IMPLEMENTATION DATE 1 JULY 2016 APPROVED BY COUNCIL ON 26 MAY 2016 1 TABLE OF CONTENTS 1. DEFINITIONS 3 2. PURPOSE OF POLICY 3 3. STEPS TO BE TAKEN
More informationPAASC. 13 March 2013
PAASC 13 March 2013 Title: Debt Management Six Monthly update: Debt Management Performance and Write-Offs 2012/13 (Quarter 2) Report of the Cabinet Member for Finance Open Report Wards Affected: None Report
More informationPolicy No: F&A 03-15 Approved by Council: June 26, 2013 Resolution: 2013.12.16. The policy should assist in:
Treasury Department Policy Section: Finance & Accounting Content Updated: Supersedes Policy: Policy No: F&A 03-15 Approved by Council: June 26, 2013 Resolution: 2013.12.16 Pages: 1 of 11 GENERAL ACCOUNTS
More informationCREDIT CONTROL & DEBT COLLECTION POLICY
Page 0 Item A-F (17-2014) CM 29/05/2014 SUBMISSION OF REVIEWD INTEGRATED DEVELOPMENT PLAN (IDP) AND MEDIUM TERM REVENUE AND EXPENDITURE FRAME WORK (MTREF): 2014/2015 TO 2016/2017 Resolved: 5. That to guide
More informationAPPENDIX 13 Corporate Debt Recovery Policy
Corporate Debt Policy July 2014 Page 1 APPENDIX 13 Corporate Debt Recovery Policy Corporate Debt Policy July 2014 Page 2 Table of Contents Contents 1. Introduction and purpose 4 2. Policy Objectives 4
More informationTSANTSABANE MUNICIPALITY BAD DEBT WRITE-OFF POLICY. DATED 30 JUNE 2014 (Reviewed 28 May 2015) Tsantsabane Municipality Council Meeting 30 June 2014 1
TSANTSABANE MUNICIPALITY BAD DEBT WRITE-OFF POLICY DATED 30 JUNE 2014 (Reviewed 28 May 2015) Tsantsabane Municipality Council Meeting 30 June 2014 1 INDEX Page Contents 1. DEFINITIONS... 3 2. PURPOSE OF
More informationArena Boards of Management 2013 Operating Surpluses/Deficits Settlement. Deputy City Manager & Chief Financial Officer
STAFF REPORT ACTION REQUIRED BU8.2 Arena Boards of Management 2013 Operating Surpluses/Deficits Settlement Date: May 4, 2015 To: From: Budget Committee Executive Committee Deputy City Manager & Chief Financial
More informationMOTOR VEHICLE ACCIDENT CLAIMS ACT
Province of Alberta MOTOR VEHICLE ACCIDENT CLAIMS ACT Revised Statutes of Alberta 2000 Chapter M-22 Current as of April 1, 2015 Office Consolidation Published by Alberta Queen s Printer Alberta Queen s
More informationLicence Chapter 639 Special Transportation Services
Licence Special Transportation Services 639.1.1 Citation Chapter Index Article - 1 Short Title Article 2 - Interpretation 639.2.1 Accessible vehicle - defined 639.2.2 City - defined 639.2.3 Clerk - defined
More informationPresented by: Matt McCulloch H. Michael Dolson
Presented by: Matt McCulloch H. Michael Dolson To begin it is important to start by confirming that CRA is the most dangerous creditor in insolvency situations for the following reasons: Highly sophisticated
More informationCouncil Tax Debt Recovery Policy
Council Tax Debt Recovery Policy Updated: Ian Johnson June 2016 Introduction This policy outlines the recovery process for Council Tax and highlights the various stages that lead to the court issuing a
More informationAGANANG LOCAL MUNICIPALITY. Credit Control and Debt Collection Policy. Credit control and debt collection policy
AGANANG LOCAL MUNICIPALITY Credit Control and Debt Collection Policy 1 1. PREAMBLE Whereas Section 96(a) of the Local Government: Municipal Systems Act, No 32 of 2000 (hereinafter referred to as the Systems
More informationNon-Competitive Contract for Proprietary Geographic Information System Software Licenses from ESRI Canada Limited. Government Management Committee
GM12.5 STAFF REPORT ACTION REQUIRED Non-Competitive Contract for Proprietary Geographic Information System Software Licenses from ESRI Canada Limited Date: April 22, 2016 To: From: Wards: Reference Number:
More informationRevenue and Benefit Service
Revenue and Benefit Service Draft Write Off Policy ~ 1 ~ WRITE OFF POLICY Introduction This document sets out the procedure to be followed when writing off irrecoverable amounts (including credit balances)
More informationMOOKGOPHONG LOCAL MUNICIPALITY BAD DEBTS AND WRITE-OFF POLICY
MOOKGOPHONG LOCAL MUNICIPALITY BAD DEBTS AND WRITE-OFF POLICY FOR THE YEAR 2013 / 2014 1 1. DEFINITIONS For the purposes of this policy the following definitions are applicable: Debt - means an amount
More informationTerms and Conditions 1. Definition 1.1 We, The Company, Our and Us means Guardian Recovery Limited whose registered office is 4 Tustin Court, Port Way, Preston, PR2 2YQ. Guardian Recovery Limited is registered
More informationForm DC-421 SUMMONS FOR UNLAWFUL DETAINER Form DC-421
1. Copies a. Original to court. Using This Revisable PDF Form b. First copy to defendant. If more than one defendant, provide a copy for each defendant. c. Second copy to plaintiff. 2. All but Case Disposition
More informationwww.nelincs.gov.uk North East Lincolnshire Council - Corporate Debt Recovery Strategy
Executive Director Business Services Rob Walsh B.A. (Hons) Solicitor www.nelincs.gov.uk North East Lincolnshire Council - Corporate Debt Recovery Strategy Background. As part of Transactional Services
More informationCorporate Write Off Policy
Resources Finance Corporate Write Off Policy 15th October 2001 Purpose A corporate approach to the write off of debts that aims to maximise the opportunity for collection thereby minimising the need for
More informationFIXED COSTS PART 45. Contents of this Part
FIXED COSTS PART 45 PART 45 Contents of this Part I FIXED COSTS Rule 45.1 Scope of this Section Rule 45.2 Amount of fixed commencement costs in a claim for the recovery of money or goods Rule 45.2A Amount
More informationINFORMATION FOR LANDLORDS
NEW JERSEY JUDICIARY INFORMATION FOR LANDLORDS Superior Court of New Jersey Law Division Special Civil Part Landlord/Tenant Section Information for Landlords page 1 Most disputes between landlords and
More informationWRITING OFF OF BAD DEBTS AND THE IMPAIRMENT OF DEBTORS POLICY
WRITING OFF OF BAD DEBTS AND THE IMPAIRMENT OF DEBTORS POLICY REVISED 1 JULY 2011 STEVE TSHWETE LOCAL MUNICIPALITY MP313 1. INTRODUCTION The Council of Steve Tshwete Local Municipality resolves in terms
More informationCabinet. 16 February 2015
Cabinet 16 February 2015 Title: Debt Management Performance and Write-Offs 2014/15 (Quarter 3) Report of the Cabinet Member for Finance Open Report Wards Affected: None Report Author: Steve Cooper, Head
More informationBylaw last revised: Nov. 26, 2012 Sheet 1-5613 Effective January 1, 2013 B/L 5786
1 Bylaw last revised: Nov. 26, 2012 Sheet 1-5613 Effective January 1, 2013 B/L 5786 A CONSOLIDATION OF A BYLAW OF THE CITY OF LETHBRIDGE TO PROVIDE FOR THE REGULATION OF THE ELECTRIC SYSTEM WITHIN THE
More informationThe state's collection procedures are detailed in the State Administrative Manual. Collection steps may include some or all of the following:
This report is submitted to meet the provisions of Government Code (GC) Section 13292.5, requiring annual reporting by the Department of Finance to the Legislature on the status of delinquent receivables
More informationTransfer of 497 Richmond Street West to Build Toronto
STAFF REPORT ACTION REQUIRED Transfer of 497 Richmond Street West to Build Toronto Date: June 3, 2013 To: From: Government Management Committee Chief Corporate Officer Wards: Ward 20 Reference Number:
More informationEconomic Growth and Corporate Services Overview and Scrutiny Committee
C Economic Growth and Corporate Services Overview and Scrutiny Committee Date: 21 July 2015 Debt Recovery Update Report of the Chief Executive Cabinet Member: Councillor Dave Ledger, Deputy Leader of the
More informationCapital Project Development - definitions, Values and Funding
Definitions and Descriptions Capital Expenditure - A capital expenditure is any significant expenditure incurred to acquire or improve land, buildings, engineering structures, machinery and equipment.
More information1386 - CLAIMS. Table of Contents
1386 - CLAIMS TC-1 Table of Contents.01 Purpose.02 Objectives.03 Authority.04 Responsibility.05 Definitions.1 Claims Which Must Be Submitted to the General Accounting Office.11 Filing Requirements.12 Statutory
More informationDEBT ADMINISTRATION PROCEDURE
Related Policy These procedures are for the implementation of the Debt Administration Policy and provide procedures to be followed by staff engaged in Debt Management and Debt Recovery and their managers.
More informationINSURANCE CLAIMS HANDLING & REPORTING PROTOCOL
INSURANCE CLAIMS HANDLING & REPORTING PROTOCOL PURPOSE: The purpose of the Protocol is to guide all affected parties, including Council, County staff, Board appointees and volunteers, in their responsibilities
More informationVehicle Capital Reserve Contributions Shortfalls. Director, Fleet Services, and Director, Financial Planning
STAFF REPORT ACTION REQUIRED BU3.4l Vehicle Capital Reserve Contributions Shortfalls Date: December 16, 2014 To: From: Wards: Reference Number: Budget Committee Director, Fleet Services, and Director,
More informationDebt Management & Bad Debt Write- Off Policy
Policy Debt Management & Bad Debt Write- Off Policy Contents Background 2 Purpose Statement 2 Applicability and Scope 2 Responsibilities 2 Definitions 3 Key Policy Actions 3 Principles for the Management
More informationBELA BELA MUNICIPALITY
BELA BELA MUNICIPALITY CREDIT CONTROL AND DEBT COLLECTION BY- LAW 2015 2016 TABLE OF CONTENT PAGE 1. BACKGROUND 1.1 Legal Framework -1-1.2 Provision of Services -1-1.3 Credit Control and Debt Collection
More informationDebt Management Procedures Financial Procedure
Section 1 General Introduction 2 General Debtors 3 Research Debtors 4 Student Debtors 5 Former Student Debtors 6 Debtor Write Off Authority Limits 7 Complaints 1. General Introduction Effective credit
More informationMinnesota State Colleges and Universities System Procedures Chapter 7 General Finance Provisions Procedures associated with Board Policy 7.
Minnesota State Colleges and Universities System Procedures Chapter 7 General Finance Provisions Procedures associated with Board Policy 7.6 7.6.2 Accounts Receivable Management Part 1. Authority. Board
More informationDebt Management Strategy Cabinet Member for Resources and Performance
AGENDA ITEM: 10 Pages nos. 197-213 Meeting Cabinet Resources Committee Date 16 January 2012 Subject Report of Summary Officer Contributors Status (public or exempt) Wards affected Enclosures For decision
More informationSUPREME COURT PROCEDURES GOVERNING THE PRIVATE COLLECTION OF MUNICIPAL COURT DEBT UNDER L. 2009, C. 233
SUPREME COURT PROCEDURES GOVERNING THE PRIVATE COLLECTION OF MUNICIPAL COURT DEBT UNDER L. 2009, C. 233 Promulgated March 31, 2011 Table of contents Preface 1. Purpose 2. Definitions 3. Process Overview
More informationLakeshore Arena Corporation Update and Next Steps
STAFF REPORT ACTION REQUIRED Lakeshore Arena Corporation Update and Next Steps Date: January 16, 2012 To: From: Government Management Committee Deputy City Manager and Chief Financial Officer General Manager,
More informationDEBT WRITE-OFF PROCEDURES CODE OF PRACTICE LUTON BOROUGH COUNCIL CORPORATE FINANCE
APPENDIX A DEBT WRITE-OFF PROCEDURES CODE OF PRACTICE LUTON BOROUGH COUNCIL CORPORATE FINANCE revised March 2010 3.3/4 This document can be made available in alternative formats or languages. Anyone wishing
More informationBangor University Invoicing and Credit Control Procedures
Bangor University Invoicing and Credit Control Procedures 1 Purpose 1.1 To ensure that invoices are appropriately issued and settled on a timely basis, thereby maximising the cashflow to the University.
More informationCommercial Net Lease for Entire Building
Commercial Net Lease for Entire Building 1. Names. This lease is made by, Landlord, and, Tenant. 2. Premises Being Leased. Landlord is leasing to Tenant and Tenant is leasing from Landlord the following
More informationFair Debt. Policy. Why Have A Fair Debt Policy?
Fair Debt Policy A policy to assist customers who owe money to the council. Why Have A Fair Debt Policy? Wyre Borough Council is required to collect monies from both its residents (Council Tax) and businesses
More informationBenefits, which affected over 1,000 tenants. Miscellaneous Number of debts paid in 60 days Overpaid Benefits Car Parking Penalty Charge Notices
Appendix 1 Summary of Swindon s Debt Collection Rates 2012/13 2013/14 Comments and Comparisons Council Tax 97.9% 97.40% The collection rate reduced following the introduction of the Local Council Tax Support
More informationCORPORATE DEBT RECOVERY CODE POLICY STATEMENT
CORPORATE DEBT RECOVERY CODE POLICY STATEMENT January 2016 1 P age Contents Page Page 1. DEBT RECOVERY 1.1. Introduction 3 1.2. Aims of the Policy 3 1.3. Scope of the Policy 4 1.4. Statutory Basis for
More informationTHIS AGREEMENT OF LEASE is made and entered into this day of, 2014, between, hereinafter referred to as "Tenant," and
144 S. Jefferson Townhome Lease THIS AGREEMENT OF LEASE is made and entered into this day of, 2014, between, hereinafter referred to as "Tenant," and SMSDC, LLC and their assigns, hereinafter referred
More informationMOTOR INSURER S BUREAU OF IRELAND
MOTOR INSURER S BUREAU OF IRELAND COMPENSATION OF UNINSURED ROAD ACCIDENT VICTIMS Agreement dated 29th January 2009 between the Minister for Transport and the Motor Insurers Bureau of Ireland (MIBI) AGREEMENT
More informationTABLE OF CONTENTS I. INTRODUCTION 1 II. APPLICATION FOR SERVICE 3 III. DEPOSITS 8 IV. INVOICES FOR SERVICE 15 V. UTILITY PAYMENTS 19
TABLE OF CONTENTS I. INTRODUCTION 1 II. APPLICATION FOR SERVICE 3 III. DEPOSITS 8 IV. INVOICES FOR SERVICE 15 V. UTILITY PAYMENTS 19 VI. CREDIT AND COLLECTION 22 VII. MISCELLANEOUS 27 Effective 01/28/2015
More informationCSA CONSTRUCTION, INC. 2314 McAllister Road Houston, Texas 77092 SUBCONTRACTOR AGREEMENT
CSA CONSTRUCTION, INC. 2314 McAllister Road Houston, Texas 77092 SUBCONTRACTOR AGREEMENT THIS AGREEMENT made this day of Month, Year, by and between CSA CONSTRUCTION, INC., a Texas corporation whose principal
More informationIf you wish to file a claim against the City of Columbus, please consider the following information.
CIVIL DIVISION 90 W. Broad Street Columbus, Ohio 43215-9013 614-645-7385 Fax: 614-724-6503 CLAIMS DIVISION 90 W. Broad Street Columbus, Ohio 43215-9013 614-645-7717 Fax: 614-645-2291 RICHARD C. PFEIFFER,
More informationCUSTOMER CARE AND MANAGEMENT POLICY
CUSTOMER CARE AND MANAGEMENT POLICY 1. DEFINITIONS For the purpose of this policy the following definitions will apply and any word or expressions to which a meaning has been assigned in the Act shall
More informationdebt recovery the complete legal solution for your business
debt recovery the complete legal solution for your business Maintaining a good cash flow is vital to ensuring that your business stays ahead of the game. Whether your business suffers from consistent bad
More informationMotor Vehicle Accidents (Lifetime Support Scheme) Act 2013
Version: 1.7.2015 South Australia Motor Vehicle Accidents (Lifetime Support Scheme) Act 2013 An Act to provide a scheme for the lifetime treatment, care and support of persons catastrophically injured
More informationRIBBLE VALLEY BOROUGH COUNCIL REPORT TO POLICY AND FINANCE COMMITTEE
RIBBLE VALLEY BOROUGH COUNCIL REPORT TO POLICY AND FINANCE COMMITTEE DECISION meeting date: 22 SEPTEMBER 2009 title: CORPORATE WRITE OFF POLICY submitted by: DIRECTOR OF RESOURCES principal author: LAWSON
More informationINTERNAL REVENUE SERVICE NATIONAL OFFICE TECHNICAL ADVICE MEMORANDUM. Taxpayer s Name: Taxpayer s Address:
INTERNAL REVENUE SERVICE NATIONAL OFFICE TECHNICAL ADVICE MEMORANDUM Number: 200101001 Release Date: 1/5/2001 Third Party Contact: None Index (UIL) No.: 166.03-00 CASE MIS No.: TAM-103260-00/CC:ITA:B6
More informationKOPANONG LOCAL MUNICIPALITY
KOPANONG LOCAL MUNICIPALITY BUDGETACC2 DEBT WRITE-OFF POLICY P R I V A T E B A G X 2 3 T R O M P S B U R G 9913 0 5 1 7 1 3 9 2 0 0 0 5 1 7 1 3 9 0 2 9 2 F I R S T D R A F T 1 KOPANONG LOCAL MUNICIPALITY:
More informationVEHICLE DAMAGE CLAIMS*
VEHICLE DAMAGE CLAIMS* ACCIDENTS HAPPEN! Unfortunately, road traffic collisions are all too common with over 30,000 accidents occurring on Irish roads each year. When an accident happens it can be a stressful
More informationMOGALE CITY LOCAL MUNICIPALITY ANNEXURE 13 CREDIT CONTROL AND DEBT COLLECTION POLICY
MOGALE CITY LOCAL MUNICIPALITY ANNEXURE 13 CREDIT CONTROL AND DEBT COLLECTION POLICY This Policy is made in terms of Section 96 of the Municipal Systems Act, 2000 (Act 32 of 2000) and the Mogale City Local
More information