Agenda

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County Administrator's Report 15. 17.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	07/24/2014
Issue: Resolution Approving a Bad Debt Write-off at the Pensacola Bay Center
From:	Amy Lovoy
Department:	OMB
CAO Approval:

RECOMMENDATION:

Recommendation Concerning a Resolution Authorizing the Write-Off of a Bad Debt at the Pensacola Bay Center - Amy Lovoy, Management and Budget Services Department Director

That the Board adopt the Resolution designating a delinquent account as an uncollectible bad debt and authorizing the Clerk of the Circuit Court to write-off the County's books a receivable due from MW Pensacola Events, LLC, for services provided by the Pensacola Bay Center, in the amount of $5,763.83.

BACKGROUND:

In 2011 MW Pensacola Events, LLC contracted to hold a Memorial Day event at the Pensacola Bay Center. Certain balances totaling $5,763.83 remain unpaid from this event. In order to write-off this outstanding amount the Board must approve a resolution authorizing the Clerk's Office to write-off the amount as bad debt.

This action is only for the purpose of providing authorization to the Clerk's Office for writing off the receivable from the County's books. It does not preclude further efforts in collecting the debt including denial of future services at the Bay Center until the balance is paid.

BUDGETARY IMPACT:

A bad debt expense in the amount of $5,763.83 will appear on the Civic Center Fund (409) income/expense ledger for FY2014.

LEGAL CONSIDERATIONS/SIGN-OFF:

N/A

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

N/A

IMPLEMENTATION/COORDINATION:

N/A

Attachments
MW Events Bad Debt Resolution