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FY2022-18 Writing Off The Personal Property Delinquent Taxes And Accounts Recievable PenaltiesL I Introduced by: Finance Department thru the Mayor 2 Drafted by: Finance Director 3 Introduced on: 05/19/2022 4 Public Hearing Date: 06/02/2022 5 Adopted on:06/02/2022 6 KODIAK ISLAND BOROUGH 7 ORDINANCE NO. FY2022-18 8 9 AN ORDINANCE OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH WRITING OFF 10 THE PERSONAL PROPERTY DELINQUENT TAXES AND ACCOUNTS RECEIVABLE, 11 PENALTIES, INTEREST AND FEES OF THOSE NON -COLLECTABLE ACCOUNTS 12 13 WHEREAS, it is the desire of staff to have the Kodiak Island Borough's accounts to be current 14 and properly reflect the financial status of the Borough in Accordance with Generally Accepted 15 Accounting Principles; and 16 17 WHEREAS, part of the routine practice to bring the accounts current in compliance with 18 Generally Accepted Accounting Principles includes classifying and writing off as uncollectible 19 those accounts determined to be uncollectible; and 20 21 WHEREAS, the Kodiak Island Borough Code does not identify a specific method for writing off 22 delinquent accounts determined to be uncollectible; and 23 24 WHEREAS, the Kodiak Island Borough Assembly has previously requested that accounts to be 25 written off be identified and the write-off of the accounts be approved by the Assembly by 26 ordinance; and 27 28 WHEREAS, staff has compiled twelve personal tax accounts and one accounts receivable 29 account which have been determined to be uncollectable for various reasons; and 30 31 WHEREAS, all resources to legally collect the delinquent tax accounts identified for write off 32 have been exhausted by staff. 33 34 NOW, THEREFORE, BE IT ORDAINED BY THE ASSEMBLY OF THE KODIAK ISLAND 35 BOROUGH that: 36 37 Section 1: The Borough Assembly approves this ordinance to write off $14,521.98 in the fiscal 38 year 2022 for twelve personal tax accounts and one accounts receivable per the 39 attached schedule A, which is incorporated herein by reference, and which 40 accounts have been determined to be uncollectable. Base Tax Total $12,003.40 Penalties and Interest Total $1,387.15 Miscellaneous Fees Total $642.51 Accounts Receivable Total $488.92 41 Kodiak Island Borough, Alaska Ordinance No. FY2022-18 Page 1 of 2 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 Section 2: This ordinance takes effect upon adoption. ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS SECOND DAY OF JUNE, 2022 KODIAK ISLAN BOROUGH ATTEST: William Robert4, Mayor ` Nova M. Javier, Interim Worough Clerk VOTES: Ayes: Arndt, Delgado, Griffin, Smiley, Smith, turner Absent: Williams Kodiak Island Borough, Alaska Ordinance No. FY2022-18 Page 2 of 2