New Search
j, <br />The statistics generated for collectability of accounts are based <br />on general ledger net revenue totals of grass and weed mowing charges <br />(011- 45561/631- 45561) and those journal entries into allowance for <br />doubtful accounts (011 - 12511) specifically for weed and grass mowing <br />writeoffs. These are as follows: <br />** <br />NET BILLING <br />FY 45561 <br />80 -81 $ 24,916.34 <br />81 -82* 22,987.48 <br />82 -83 30,758.46 <br />53,745.94 <br />83 -84 18,245.20 <br />BAD DEBT NET <br />12511 REVENUE <br />$ 9,771.12 $.15,145.22 <br />19,207.04 <br />34,538.90 <br />12,756.37 <br />PERCENTAGES <br />39.2% bad debt <br />60.8% collectable <br />35.7% bad debt <br />64.3% collectable <br />30.1% bad debt <br />69.9 collectable <br />84 -85 31,498.55 <br />* The figure for FY 81 -82 <br />bad debt writeoff in 82 -8 <br />years. A breakdown as to <br />cannot be established. <br />12,067.92 19,430.63 38.3% bad debt <br />61.7% collectable <br />and 82 -83 have been combined because the <br />3 encompassed the bad debt of both those <br />the percentage that applies to each year <br />** Net billings are the gross billings minus any adjustments or <br />cancellations prior to payment or writeoff <br />NET LOSS <br />During the last two fiscal years (this includes FY 84 -85) the Public <br />Works Department has been the sole operator of the grass and weed <br />mowing program. Jim Stuart of the Public Works Department has <br />generated a report from his records. It details yearly accounts <br />receivable billing (his figures concur with the general ledger) <br />along with the actual number of work orders and cutting, inspection, <br />and transportation costs. His report did not take into consideration <br />costs for staffing secretarial duties (i.e., invoice and work order <br />typing and information handling), nor does it include costs for Jim's <br />time spent on follow -up work in establishing ownership on problem <br />accounts. <br />The expense of the program to the Finance Department <br />number of accounts billed. This includes the cancel <br />billings)and the rebilling of those accounts. It was <br />Charles Dallas' memo of June 20, 1984 (regarding the <br />vegetation program) that the receivable billing cost <br />bill. This does not include 2nd and 3rd notices nor <br />any collection efforts. <br />is based on the <br />lations (incorrect <br />established in <br />street and alley <br />is $7.60 per <br />does it include <br />-2- <br />