II. 4. Adopt Resolution No. 529, authorizing the HRA staff to write off bad debts as uncollectable (HRA2019-05)February 27, 2019 HRA Report 2019-05
Rent Register Write off for Fiscal Year Ending 03/31/2019
Proposed Action.
Staff recommends adoption of the following motion: Adopt Resolution 529, authorizing
the HRA staff to write off bad debts as uncollectible.
Overview.
The HRA currently has one tenant accounts with uncollectible balances. The resident
was evicted for non payment of rent. To clear the books for fiscal year ending
03/31/2019 the HRA Board must approve a resolution clearing this amount from the
books.
Primary Issue to Consider.
• What are the dollar amounts to be written off?
Account Number Amount to be written off
700.60 $3,070.00
• Can the HRA still attempt to collect the debt from the past tenant?
The HRA will file a claim against past tenants with a bad debt over $25.00 using the
Minnesota Revenue Recapture Act. This act allows housing authorities to collect debts
by intercepting income and property tax refunds. The program administered by the
State of Minnesota has been very successful in returning funds to the HRA.
Supporting Information.
• HRA Resolution 529
Alternatives.
The HRA has the following alternatives regarding this issue:
1. Approve the action as recommended by staff.
2. Continue for further information.
________________________________________
Stacy Unowsky, Executive Director
HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF HOPKINS
Hennepin County, Minnesota
RESOLUTION NO. 529
RESOLUTION AUTHORIZING THE WRITE OFF OF UNCOLLECTIBLE
DEBT FROM PAST PUBLIC HOUSING RESIDENTS
WHEREAS, the Housing and Redevelopment Authority In and For the City of
Hopkins, Minnesota, (the “Authority”) desires to clear the books by writing off one
tenant account as uncollectible; and
WHEREAS, the Authority, will file a claim with the State of Minnesota
Department of Revenue for all debts exceeding $25.00.
NOW, THEREFORE, BE IT RESOLVED, that the Authority Board of
Commissioners hereby authorizes the write off of uncollectible debt from tenant account
700.60 totaling $3,070.00 from the books.
Adopted this 5th day of March 2019.
_____________________________________
Molly Cummings, HRA Board Chair
ATTEST:
_________________________________________
Mike Mornson, Executive Director