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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />MAY 16 2011 <br />6:30 P.M. <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Finance - Write -off of Ambulance Receivables for FY 2006 and FY 2007 - <br />$879,546.51 <br />BRIEF SUMMARY: <br />Article 9A (44 -51.4) provides for the County to treat the amount due for <br />ambulance services the same as if it were a tax due to the county (G.S. <br />105 -368). The County's policy is to keep three years of receivables plus <br />the current year's receivables on the General Ledger. This policy allows <br />the outstanding receivable balance of $468,541.65 for Fiscal Year 2006 <br />and $411,004.86 for Fiscal Year 2007 bills to be written off. The <br />Ambulance Billing office has exhausted all means of collections for the <br />Fiscal Year 2006 and Fiscal Year 2007 bills. <br />REQUESTED ACTION: <br />Motion to authorize the Finance Department to write off the outstanding <br />receivables for Fiscal Year 2006 and Fiscal Year 2007 ambulance bills. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Susan B. Fearrington, Asst. Finance Director <br />BUDGET AMENDMENT REQUIRED: <br />No <br />COUNTY MANAGER'S RECOMMENDATIONS /COMMENTS: <br />This item was approved by the Board for inclusion on the Agenda as a <br />F -5 Page 115 <br />